Barclays raised the firm’s price target on Consolidated Edison (ED) to $110 from $100 and keeps an Underweight rating on the shares. The company issued a positive update but its growth outlook still trails peers, the analyst tells investors in a research note.
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Read More on ED:
- Consolidated Edison to offer shares at $111-$112.14 per share, Bloomberg says
- Consolidated Edison announces offering of 7M common shares
- Consolidated Edison price target raised to $118 from $112 at Mizuho
- Consolidated Edison price target raised to $130 from $128 at Citi
- Consolidated Edison price target raised to $102 from $96 at Morgan Stanley
