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Bullish Case: Dividend increase and $26B Energize365 plan suggest growth and expansion. Technological advancements in energy storage may bolster FirstEnergy's market position, especially with an increasing demand for renewable energy solutions.


Bearish Case: Legal issues, including bribery allegations and potential further investigations, could undermine investor confidence. Negative public sentiment and workforce reductions could impact operations and financial performance.


Potential Outcomes:

1. Dividend growth attracts investors (35%).

2. Legal fallout and public scrutiny drive stock down (30%).

3. Technological strides in energy storage lead to a market advantage (25%).

4. Prolonged flat price action due to unresolved issues (10%).


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April 16, 2024


Firstenergy Forecast

FE        Firstenergy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






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