KeyBanc Sticks to Its Sell Rating for Consolidated Edison (ED)
In a report released today, Sophie Karp from KeyBanc maintained a Sell rating on Consolidated Edison, with a price target of $97.00.
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According to TipRanks, Karp is a 4-star analyst with an average return of 5.2% and a 56.19% success rate. Karp covers the Utilities sector, focusing on stocks such as Entergy, Consolidated Edison, and Exelon.
In addition to KeyBanc, Consolidated Edison also received a Sell from Bank of America Securities’s Ross Fowler in a report issued on April 23. However, on April 28, RBC Capital maintained a Hold rating on Consolidated Edison (NYSE: ED).
Based on Consolidated Edison’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4 billion and a net profit of $297 million. In comparison, last year the company earned a revenue of $3.67 billion and had a net profit of $310 million
Read More on ED:
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- Consolidated Edison reports Q1 adjusted EPS $2.18, consensus $2.27
- Consolidated Edison backs FY26 adjusted EPS view $6.00-$6.20, consensus $6.10
- ED Upcoming Earnings Report: What to Expect?
- Consolidated Edison price target raised to $107 from $104 at BofA
- Consolidated Edison price target lowered to $105 from $106 at Morgan Stanley
