UPDATE: KeyBanc Downgrades FirstEnergy Corp. (FE) to Sector Weight
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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
