Morgan Stanley Maintains Underweight on Consolidated Edison, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Underweight rating on Consolidated Edison (NYSE:ED) but raises the price target from $73 to $80.
May 28, 2024 | 5:23 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Underweight rating on Consolidated Edison but raises the price target from $73 to $80.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100