NYSE:FEElectric Utilities
How Investors Are Reacting To FirstEnergy (FE) Upgrade On PJM Role And Data Center Power Demand
Earlier this week, TD Cowen upgraded FirstEnergy Corp., citing its role as a key transmission provider within the PJM grid and the expected demand uplift from data center power needs.
The upgrade also pointed to improved regulatory relationships after a recent SEC settlement, suggesting that governance and oversight concerns may be easing for the utility.
We’ll now examine how this improved regulatory backdrop and transmission-focused thesis could reshape FirstEnergy’s existing investment...