Reported about 15 hours ago
FirstEnergy Corp. (FE), a major player in the electricity generation, transmission, and distribution sector, is currently underperforming compared to the broader utilities industry. With a market cap of $23 billion, FE has faced a decline of 11.7% from its recent high and is trailing behind the Utilities Select Sector SPDR Fund's gains. Despite positive Q1 earnings and a decent growth forecast, analysts express moderate optimism with a consensus 'Moderate Buy' rating, indicating potential for a 14.2% upside.
Source: YAHOO