FirstEnergy Corp. Declares Unchanged Common Stock Dividend

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Guggenheim Downgrades FirstEnergy Corp. (FE) to Neutral; 'Optics Worsen as Additional Details on HB6 Scandal Emerge'

July 22, 2020 6:37 AM UTC

Guggenheim analyst Shahriar Pourreza downgraded FirstEnergy Corp. (NYSE: FE) from Buy to Neutral with a price target of $36.00 (from $51.00), saying the optics worsen related to the emerging HB6 scandal.

The analyst commented, "Our initial take on the emerging HB6 scandal this morning following our... More

FirstEnergy (FE) Readthrough 'Limited', Reaction 'Overdone' - Guggenheim

July 21, 2020 1:25 PM UTC

Guggenheim analyst Shahriar Pourreza weighed in on FirstEnergy (NYSE: FE), saying the investigation readthrough is limited and the stock reaction is overdone with the current information.

The analyst commented, "While the arrest of lobbyists and Ohio House officials on bribery charges related to the... More

FirstEnergy (FE) Defended at Wells Fargo

July 21, 2020 1:11 PM UTC

FirstEnergy (NYSE: FE) defended at Wells Fargo, calling the sell-off an overreaction.

... More