FirstEnergy Corp. (FE), headquartered in Akron, Ohio, is a leading electric utility company serving over 6 million customers ...

The stock's rise snapped a three-day losing streak.

This was the stock's third consecutive day of losses.

Guggenheim decreased their price target on shares of FirstEnergy from $52.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, February 28th.

FirstEnergy recently reported its earnings for FY 2024, showing an increase in sales and revenue but a decline in net income and earnings per share. Despite providing guidance for core earnings ...