FirstEnergy Corp. Declares Unchanged Common Stock Dividend
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Guggenheim Downgrades FirstEnergy Corp. (FE) to Neutral; 'Optics Worsen as Additional Details on HB6 Scandal Emerge'
July 22, 2020 6:37 AM EDTGuggenheim analyst Shahriar Pourreza downgraded FirstEnergy Corp. (NYSE: FE) from Buy to Neutral with a price target of $36.00 (from $51.00), saying the optics worsen related to the emerging HB6 scandal.
The analyst commented, "Our initial take on the emerging HB6 scandal this morning following our... More
FirstEnergy (FE) Readthrough 'Limited', Reaction 'Overdone' - Guggenheim
July 21, 2020 1:25 PM EDTGuggenheim analyst Shahriar Pourreza weighed in on FirstEnergy (NYSE: FE), saying the investigation readthrough is limited and the stock reaction is overdone with the current information.
The analyst commented, "While the arrest of lobbyists and Ohio House officials on bribery charges related to the... More
FirstEnergy (FE) Defended at Wells Fargo
July 21, 2020 1:11 PM EDTFirstEnergy (NYSE: FE) defended at Wells Fargo, calling the sell-off an overreaction.
... More