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Consolidated Edison price target raised to $112 from $105 at TD Cowen

TD Cowen analyst Shelby Tucker raised the firm’s price target on Consolidated Edison (ED) to $112 from $105 and keeps a Hold rating on the shares. The firm updated its model following its quarterly report which was above consensus and at the top end of the guidance range. Management also introduced 2026 guidance, reaffirming its 6-7% long-term growth target.

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