Barclays Maintains Underweight on Consolidated Edison, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Underweight rating on Consolidated Edison (NYSE:ED) but raises the price target from $98 to $104.
October 21, 2024 | 12:42 pm
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NEUTRAL IMPACT
Barclays has maintained an Underweight rating on Consolidated Edison but increased the price target from $98 to $104, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates some positive expectations. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100