Morgan Stanley lowered the firm’s price target on Consolidated Edison (ED) to $93 from $97 and keeps an Underweight rating on the shares. The firm is updating its price targets for Regulated and Diversified Utilities / IPPs in North America under its coverage for August, the analyst tells investors.
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Read More on ED:
- Consolidated Edison price target raised to $95 from $93 at Morgan Stanley
- Consolidated Edison double downgraded at BofA on NY regulatory headwinds
- Consolidated Edison downgraded to Underperform from Buy at BofA
- Consolidated Edison price target raised to $107 from $101 at Barclays
- Consolidated Edison price target raised to $106 from $101 at Scotiabank
