JPMorgan lowered the firm’s price target on Consolidated Edison (ED) to $97 from $101 and keeps an Underweight rating on the shares. The firm updated models in the North Americans utilities group.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ED:
- Consolidated Edison price target lowered to $86 from $90 at KeyBanc
- Cautious Outlook for Consolidated Edison Amid Strategic Asset Sale and Regulatory Uncertainties
- Hold Rating for Consolidated Edison Amid Strategic Asset Sale and Policy Uncertainties
- Consolidated Edison Sells Stake in Mountain Valley Pipeline
- Con Edison unit to sell 6.6% stake in Mountain Valley Pipeline