FirstEnergy downgraded at Wolfe

Wolfe Research Downgrades FirstEnergy (FE)
Fintel reports that on January 23, 2025, Wolfe Research downgraded their outlook for FirstEnergy (NYSE:FE) from Outperform to Peer Perform. Analyst Price Forecast Suggests 23.77% Upside As of December 23,
FirstEnergy downgraded at Wolfe as old concerns resurface
FirstEnergy downgraded by Wolfe Research, seeing concerns on low-quality pension and coal earnings resurfacing, while the Ohio rate case remains an overhang.
FirstEnergy downgraded to Peer Perform from Outperform at Wolfe Research
Wolfe Research downgraded FirstEnergy (FE) to Peer Perform from Outperform with a $38-$43 fair value estimate. The firm sees concerns on
FirstEnergy Stock Slips After Wolfe Downgrade, But Retail Remains Optimistic
FirstEnergy Corp.’s (FE) stock dipped over 1% in early morning trade on Thursday after Wolfe Research downgraded the shares to ‘Peer Perform’ from ‘Outperform,’ citing concerns about the utility’s "low-quality" earnings from pensions and coal operations.
FirstEnergy stock rating cut to Peerperform at Wolfe Research
The analyst noted that while the transition away from low-quality earnings is generally a positive move, it is concerning if FirstEnergy cannot identify adequate compensatory measures. This issue is particularly pronounced as most of the sector seems set to experience an upward trend in earnings outlooks,
FirstEnergy Corp. stock underperforms Thursday when compared to competitors
This was the stock's second consecutive day of losses.
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Former FirstEnergy executives indicted in Ohio bribery scheme
A former CEO and one of his top executives at an Ohio energy company have been indicted on federal racketeering charges.
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Two Former FirstEnergy Executives Indicted in $60 Million Bribery Scheme
Two former executives of FirstEnergy Corp. have been indicted on charges of participating in a racketeering conspiracy, ...
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FirstEnergy Corp (FE) Stock Sees Market Value Hit $23.10 billion: What Are the Implications?
FirstEnergy Corp (FE) stock saw a modest uptick, ending the day at $40.08 which represents a slight increase of $0.86 or 2.19% from the prior close of $39.22. The stock opened at $39.15 and touched a ...
FirstEnergy Electric Companies Offer Tips to Stay Safe and Save Energy During Extreme Cold
As frigid weather grips the region, FirstEnergy Corp. (NYSE: FE) electric companies remind customers of steps they can take ...
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What You Need to Know Ahead of FirstEnergy’s Earnings Release
FirstEnergy Corp. (FE), headquartered in Akron, Ohio, generates, transmits, and distributes electricity as well as offers ...