FirstEnergy upgraded to Outperform from Market Perform at Wells Fargo Wells Fargo upgraded FirstEnergy citing valuation and the company's transition to a more regulated-centric strategy. Wells says a key element of its upgrade is the assumption that FirstEnergy reduces its dividend by 40% to an annual rate of $1.32 per share beginning in 2014. The firm raised its price target range for shares to $39-$40 from $35-$36.
News For FE From The Last 14 Days
Check below for free stories on FE the last two weeks.