Guggenheim Maintains Neutral on Consolidated Edison, Raises Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza maintains a Neutral rating on Consolidated Edison (NYSE:ED) and raises the price target from $88 to $91.
August 02, 2024 | 7:08 pm
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NEUTRAL IMPACT
Guggenheim analyst Shahriar Pourreza maintains a Neutral rating on Consolidated Edison and raises the price target from $88 to $91.
The Neutral rating suggests that the analyst does not expect significant short-term price movement. However, the raised price target indicates a slightly positive outlook, which could provide minor upward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100