What a surprise....... RBC Capital Markets and FirstEnergy lowered their share price target. Just happens that these ar two of the trading houses that have been driving down the price for the last few months. Shorters work in wonderfull ways, don't they? By the way, the share price adjustment ranges from 50 cents to 1 dollar with the target price still over $10.00.
Bank of Nova Scotia comments on he deal, maintains their rating as a Sector Outperform and price target of $11.50.