FirstEnergy Corp. (FE) Misses Q1 EPS by 3c

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Go back to FirstEnergy Corp. (FE) Misses Q1 EPS by 3c

Jefferies Upgrades FirstEnergy Corp. (FE) to Buy

May 7, 2014 6:45 AM EDT

Jefferies upgraded FirstEnergy Corp. (NYSE: FE) from Hold to Buy with a price target of $37.00 (from $31.00).

Analyst Paul B. Fremont comments, "FirstEnergy regulated earnings less holding company expenses are trading at a discount to our regulated utility average P/E multiple. Beginning... More