FE Maintained by Barclays -- Price Target Lowered to $49

gurufocus.com · 2026-10-12

On October 03, 2023, Barclays maintained an Overweight rating on FirstEnergy (FE) while adjusting the price target from $54.00 to $49.00, reflecting a reduction

TickrTrends take: Barclays' reduction of its price target for FE to 49 dollars represents a downward adjustment from the analyst's prior expectations for the utility company. Given that TickrTrends currently assesses FE as fairly valued, this price target change may warrant monitoring to see whether market participants reassess the company's valuation in response to Barclays' revised outlook. Investors focused on valuation metrics should observe whether this analyst action correlates with shifts in FE's trading multiples relative to its Utilities sector peers.

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