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Analysts Conflicted on These Utilities Names: Consolidated Edison (ED) and SM Energy (SM)

Analysts have been eager to weigh in on the Utilities sector with new ratings on Consolidated Edison (EDResearch Report) and SM Energy (SMResearch Report).

Consolidated Edison (ED)

RBC Capital analyst Shelby Tucker maintained a Hold rating on Consolidated Edison today and set a price target of $89.00. The company’s shares closed last Friday at $92.68, close to its 52-week high of $92.95.

According to TipRanks.com, Tucker is a top 100 analyst with an average return of 11.6% and a 79.1% success rate. Tucker covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Nextera Energy Partners.

Currently, the analyst consensus on Consolidated Edison is a Moderate Sell with an average price target of $81.30.

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SM Energy (SM)

Raymond James analyst John Freeman maintained a Buy rating on SM Energy today and set a price target of $57.00. The company’s shares closed last Friday at $42.48, close to its 52-week high of $43.69.

According to TipRanks.com, Freeman is a top 100 analyst with an average return of 34.9% and a 60.2% success rate. Freeman covers the Utilities sector, focusing on stocks such as Continental Resources, Occidental Petroleum, and Northern Oil And Gas.

Currently, the analyst consensus on SM Energy is a Moderate Buy with an average price target of $47.13, implying a 19.3% upside from current levels. In a report issued on March 14, Wells Fargo also maintained a Buy rating on the stock with a $53.00 price target.

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