Wells Fargo cuts FirstEnergy [FE]’s rating to Underweight; PT at $32.0
Wells Fargo took its FirstEnergy [FE] rating to the equivalent of Underweight from Equal Weight, and the price target to $32.0 from $31.0, in a research note dated 2021-01-06. That figure represents around a 7.24% premium from where the company’s shares closed on Tuesday. Other analysts also revised their coverage, with BofA Securities’s analysts downgrading […]