Mizuho lowered the firm’s price target on Consolidated Edison to $89 from $95 and keeps a Neutral rating on the shares. Now that the rate case is complete, the analyst sees a “catalyst-light story” that is currently trading at fair value.
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Read More on ED:
- Consolidated Edison initiated with an Equal Weight at Barclays
- Consolidated Edison price target lowered to $96 from $103 at BofA
- CON EDISON REPORTS 2023 SECOND QUARTER EARNINGS
- Consolidated Edison raises FY23 adj EPS view to $4.85-$5.00 from $4.75-$4.95
- Consolidated Edison reports Q2 adjusted EPS 61c, consensus 61c