Goldman Sachs Initiates Coverage On Consolidated Edison with Sell Rating, Announces Price Target of $88
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Michael Lapides initiates coverage on Consolidated Edison (NYSE:ED) with a Sell rating and a price target of $88.
June 08, 2023 | 8:43 am
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Goldman Sachs initiates coverage on Consolidated Edison with a Sell rating and a price target of $88.
The Sell rating and price target of $88 announced by Goldman Sachs for Consolidated Edison (NYSE:ED) may lead to a negative short-term impact on the stock price. As a reputable financial institution, Goldman Sachs' recommendations are often taken into consideration by investors, which could result in selling pressure on the stock.
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IMPORTANCE 80
RELEVANCE 100