Barclays Maintains Equal-Weight on Consolidated Edison, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont maintains an Equal-Weight rating on Consolidated Edison (NYSE:ED) and lowers the price target from $88 to $85.
October 24, 2023 | 1:36 pm
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Barclays maintains an Equal-Weight rating on Consolidated Edison and lowers the price target from $88 to $85.
The lowering of the price target by Barclays from $88 to $85 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Consolidated Edison's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100