Mizuho Maintains Neutral on Consolidated Edison, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell maintains a Neutral rating on Consolidated Edison (NYSE:ED) and raises the price target from $92 to $95.
July 21, 2023 | 11:20 am
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NEUTRAL IMPACT
Mizuho maintains a Neutral rating on Consolidated Edison and raises the price target from $92 to $95.
The news is directly about Consolidated Edison. Mizuho's neutral rating suggests that they do not expect the stock to outperform or underperform the market in the short term. However, the increase in price target could be seen as a positive signal, suggesting that Mizuho believes the stock is worth more than its previous target. This could potentially have a positive impact on the stock price, but the neutral rating tempers this impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100