Wells Fargo analyst Sarah Akers raised the firm’s price target on Consolidated Edison (ED) to $114 from $103 and keeps an Equal Weight rating on the shares. The firm notes the company reported a solid start to the year, with guidance intact. With 2025 equity needs taken care of, the focus is the CECONY GRC with Staff testimony due May 31.
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Read More on ED:
- Strong Financial Performance and Growth Prospects Drive Buy Rating for Consolidated Edison
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