FirstEnergy Corp. (NYSE:FE – Free Report) – Zacks Research increased their Q3 2023 earnings estimates for FirstEnergy in a report issued on Monday, August 14th. Zacks Research analyst J. Saha now forecasts that the utilities provider will post earnings of $0.90 per share for the quarter, up from their previous estimate of $0.85. The consensus […]
Reaves W H & Co. Inc. cut its position in shares of FirstEnergy Corp. (NYSE:FE – Free Report) by 16.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 983,192 shares of the utilities provider’s stock after selling 197,042 shares during the quarter. Reaves […]
UBS Group downgraded shares of FirstEnergy (NYSE:FE – Free Report) from a buy rating to a neutral rating in a report issued on Monday, MarketBeat Ratings reports. The firm currently has $40.00 price target on the utilities provider’s stock, down from their prior price target of $45.00. Several other equities analysts have also issued reports […]
UBS Group lowered shares of FirstEnergy (NYSE:FE – Free Report) from a buy rating to a neutral rating in a report issued on Monday, Marketbeat.com reports. UBS Group currently has $40.00 price objective on the utilities provider’s stock, down from their prior price objective of $45.00. Other analysts have also issued reports about the stock. […]
FirstEnergy Corp. (NYSE:FE – Get Free Report) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 11,460,000 shares, a drop of 6.9% from the June 30th total of 12,310,000 shares. Based on an average trading volume of 3,700,000 shares, the days-to-cover ratio is […]