Barclays Downgrades Consolidated Edison to Underweight, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella has downgraded Consolidated Edison (NYSE:ED) from Equal-Weight to Underweight and lowered the price target from $97 to $92.
July 22, 2024 | 11:14 am
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Barclays analyst Nicholas Campanella downgraded Consolidated Edison from Equal-Weight to Underweight and reduced the price target from $97 to $92.
The downgrade from Equal-Weight to Underweight and the reduction in the price target from $97 to $92 by Barclays is likely to negatively impact investor sentiment and the stock price of Consolidated Edison in the short term.
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