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Consolidated Edison (ED) Gets a Hold from Evercore ISI

Tipranks - Tipranks - Sat Feb 21, 9:08AM CST

In a report released today, Nicholas Amicucci from Evercore ISI maintained a Hold rating on Consolidated Edison, with a price target of $106.00.

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According to TipRanks, Amicucci is a 4-star analyst with an average return of 19.7% and a 53.19% success rate. Amicucci covers the Utilities sector, focusing on stocks such as NextEra Energy, Consolidated Edison, and Dominion Energy.

In addition to Evercore ISI, Consolidated Edison also received a Hold from TipRanks – Anthropic’s Anthropic Regulated Electric in a report issued today. However, on the same day, Morgan Stanley maintained a Sell rating on Consolidated Edison (NYSE: ED).

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Based on Consolidated Edison’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.53 billion and a net profit of $688 million. In comparison, last year the company earned a revenue of $4.09 billion and had a net profit of $588 million

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