Barclays raised the firm’s price target on Consolidated Edison (ED) to $104 from $98 and keeps an Underweight rating on the shares as part of a Q3 preview for the power and utilities group. The firm says the sector is “reconciling an inevitability higher load outlook.”
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Read More on ED:
- Consolidated Edison upgraded to Buy from Neutral at Citi
- Consolidated Edison initiated with a Hold at Jefferies
- Consolidated Edison price target raised to $87 from $82 at Morgan Stanley
- Consolidated Edison price target raised to $115 from $99 at Argus
- Consolidated Edison price target raised to $82 from $75 at Morgan Stanley