Goldman Sachs Adjusts FirstEnergy Price Target to $55 From $54, Maintains Buy Rating

Goldman Sachs has increased its price target for FirstEnergy (FE) to $55 from $54, while reiterating a "Buy" rating on the stock. This adjustment comes amidst other analyst actions and recent financial news for the company, including its Q2 2026 earnings call and dividend announcements. FirstEnergy, an electric utility company, reported rising quarterly profit and revenue in Q2 2026, alongside reaffirming its earnings guidance for the year.