JP Morgan Maintains Underweight on Consolidated Edison, Lowers Price Target to $80
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Jeremy Metz maintains an Underweight rating on Consolidated Edison (NYSE:ED) and lowers the price target from $89 to $80.
June 07, 2023 | 1:49 pm
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JP Morgan analyst Jeremy Metz maintains an Underweight rating on Consolidated Edison and lowers the price target from $89 to $80.
The lowered price target by JP Morgan analyst Jeremy Metz indicates a bearish outlook on Consolidated Edison's stock. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100