Morgan Stanley Maintains Underweight on Consolidated Edison, Lowers Price Target to $97
Morgan Stanley analyst David Arcaro maintains Consolidated Edison (NYSE:ED) with a Underweight and lowers the price target from $101 to $97.
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Why It Matters
A big bank analyst thinks Consolidated Edison stock is overpriced right now. They lowered how much they think it is worth, which means they are less excited about it.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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