Big news about a company called FirstEnergy! Scotiabank, a big bank, changed its prediction for how much FirstEnergy's stock will be worth. They think it might go down a bit.
This isn't about cryptocurrencies like Bitcoin or Ethereum. It's about a power company's stock, which is like a tiny piece of ownership in the company. People buy and sell these pieces, hoping the value goes up.
So, what happened? Scotiabank lowered its price target. This means they think the stock price might not get as high as they originally thought.
- Scotiabank lowered its price prediction for FirstEnergy.
- They still think it's a good investment (Outperform rating).
- The change is because of some problems FirstEnergy is facing.
| Old Price Prediction | New Price Prediction |
|---|---|
| $50 | $44 |
