Firstenergy Corp (FE) receives a Neutral rating from BofA Securities

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Firstenergy Corp’s recent filing unveils that its VP, Controller & CAO Lisowski Jason unloaded Company’s shares for reported $0.5 million on May 22 ’25. In the deal valued at $41.97 per share,12,000 shares were sold. As a result of this transaction, Lisowski Jason now holds 183 shares worth roughly $7281.57.

Then, Lisowski Jason bought 12,000 shares, generating $503,652 in total proceeds.

Before that, K. Jon Taylor sold 12,000 shares. Firstenergy Corp shares valued at $516,360 were divested by the SVP, CFO and Strategy at a price of $43.03 per share. As a result of the transaction, K. Jon Taylor now holds 99,919 shares, worth roughly $3.98 million.

BofA Securities upgraded its Firstenergy Corp [FE] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in late January from “an Outperform” to “a Peer perform”. Scotiabank also remained covering FE and has increased its forecast on December 12, 2024 with a “Sector outperform” recommendation from previously “Sector perform” rating. Seaport Research Partners revised its rating on October 31, 2024. It rated FE as “a Neutral” which previously was an “a Buy”.

Price Performance Review of FE

On Monday, Firstenergy Corp [NYSE:FE] saw its stock fall -1.36% to $39.79. Over the last five days, the stock has lost -0.08%. Firstenergy Corp shares have risen nearly 0.03% since the year began. Nevertheless, the stocks have risen 2.95% over the past one year. While a 52-week high of $44.97 was reached on 02/25/25, a 52-week low of $37.58 was recorded on 04/09/25.

Levels Of Support And Resistance For FE Stock

The 24-hour chart illustrates a support level at 39.40, which if violated will result in even more drops to 39.01. On the upside, there is a resistance level at 40.37. A further resistance level may holdings at 40.94.

The most recent change occurred on October 14, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $46 price target.

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