TD Cowen Remains a Hold on Consolidated Edison (ED)
TD Cowen analyst Shelby Tucker maintained a Hold rating on Consolidated Edison today and set a price target of $105.00.
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Tucker covers the Utilities sector, focusing on stocks such as Consolidated Edison, Dominion Energy, and Entergy. According to TipRanks, Tucker has an average return of 9.9% and a 67.19% success rate on recommended stocks.
In addition to TD Cowen, Consolidated Edison also received a Hold from UBS’s William Appicelli in a report issued today. However, on the same day, Bank of America Securities reiterated a Sell rating on Consolidated Edison (NYSE: ED).
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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- Consolidated Edison price target raised to $112 from $108 at UBS
- Consolidated Edison rate request cut by NY Public Service Commission
- Consolidated Edison price target raised to $166 from $158 at Barclays
- Consolidated Edison price target raised to $96 from $92 at Morgan Stanley
- Consolidated Edison price target lowered to $95 from $99 at Wells Fargo
