Wells Fargo Maintains Equal-Weight on Consolidated Edison, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sarah Akers maintains an Equal-Weight rating on Consolidated Edison (NYSE:ED) and raises the price target from $97 to $105.
August 02, 2024 | 6:12 pm
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Wells Fargo analyst Sarah Akers maintains an Equal-Weight rating on Consolidated Edison and raises the price target from $97 to $105.
The raised price target from $97 to $105 by Wells Fargo indicates a positive outlook for Consolidated Edison, which could lead to a short-term increase in stock price. However, the Equal-Weight rating suggests a balanced view, tempering the overall impact.
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