B of A Securities Upgrades Consolidated Edison to Buy, Raises Price Target to $103
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Julien Dumoulin-Smith has upgraded Consolidated Edison (NYSE:ED) from Neutral to Buy and raised the price target from $92 to $103.
July 21, 2023 | 10:41 am
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Consolidated Edison's stock has been upgraded from Neutral to Buy by B of A Securities, with a raised price target of $103.
The upgrade from Neutral to Buy indicates a positive outlook for Consolidated Edison's stock. The raised price target from $92 to $103 suggests that the analyst believes the stock has potential for significant growth in the short term. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100