Morgan Stanley Maintains Underweight on Consolidated Edison, Raises Price Target to $82
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 $75 to $82.
August 23, 2024 | 3:56 pm
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Morgan Stanley's analyst David Arcaro maintains an Underweight rating on Consolidated Edison but raises the price target from $75 to $82, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100