Scotiabank Maintains Sector Underperform on Consolidated Edison, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andrew Weisel has maintained a Sector Underperform rating on Consolidated Edison (NYSE:ED) and lowered the price target from $91 to $85.
April 22, 2024 | 6:03 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Scotiabank maintains a Sector Underperform rating on Consolidated Edison and lowers the price target from $91 to $85.
The adjustment in price target by a significant margin suggests a bearish outlook on the stock by the analyst. This could lead to negative sentiment among investors, potentially impacting the stock's short-term price movement negatively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100