Morgan Stanley raised the firm’s price target on Consolidated Edison (ED) to $96 from $92 and keeps an Underweight rating on the shares. The firm is updating its Regulated & Diversified Utilities / IPPs in North America under its coverage, noting utilities underperformed the S&P’s return in December, the analyst tells investors.
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- Consolidated Edison price target lowered to $95 from $99 at Wells Fargo
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