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Stock impact report

FirstEnergy (FE) Price Target Increased by BofA on Peer Multiple Expansion [Yahoo! Finance]

FirstEnergy Corp. (FE) 
Last firstenergy corp. earnings: 4/23 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investors.firstenergycorp.com
Company Research Source: Yahoo! Finance
On March 5, BofA analyst Ross Fowler raised the firm's price recommendation on FirstEnergy Corp. (NYSE:FE) to $52 from $49. The firm reiterated a Neutral rating on the shares. The analyst cited a higher peer-group valuation multiple as the reason for the revised target. During the company's Q4 2025 earnings call, CEO Brian Tierney described 2025 as a transformative year for the business. He said the company executed its strategic plan, achieved several key milestones, and positioned FirstEnergy for long-term growth during what he called one of the most dynamic periods in the utility industry. Tierney highlighted the company's newly announced $36B five-year capital investment program. The initiative is aimed at strengthening grid reliability and improving resiliency for customers. He said the plan is expected to support a core earnings per share compounded annual growth rate near the upper end of the company's 6% to 8% target range between 2026 and 2030. Discussing financial per Show less Read more
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