Bribery Investigation to Create Overhang on FirstEnergy (FE) - KeyBanc
Tweet
Share
E-mail
Get Alerts FE Hot Sheet
Price: $50.84 +1.03%
Rating Summary:
15 Buy, 12 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
15 Buy, 12 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
The Ohio bribery investigations is likely to create near-term overhang in FirstEnergy (NYSE: FE), KeyBanc analyst Sophi Karp commented.
Kapr commented, "According to media reports, earlier today OH House Speaker Larry Householder was arrested in connection with a bribery investigation related to the passage of HB-6, the bill that provided subsidies for OH struggling nuclear power plants. We expect the investigation to create an overhang on the shares of FE in the NT."
Create E-mail Alert Related Categories
Analyst Comments, Trader TalkRelated Entities
KeyBancSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
