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Will FirstEnergy Stock Continue to Soar?

Will FirstEnergy Stock Continue to Soar?

Brokerages seem to be bullish on FirstEnergy (FE). One of the top-rallied stocks among the S&P 500 Utilities, FirstEnergy received a target price increase from several brokerage houses. Mizuho Securities raised FirstEnergy’s target price from $36.5 to $39.5 on October 11.