Consolidated Edison (ED) PT Lowered to $85 at BofA Securities

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Consolidated Edison (ED) PT Lowered to $73.50 at Mizuho Securities Following Weak Steam Results

May 12, 2020 6:54 AM EDT

Mizuho Securities analyst Anthony Crowdell lowered the price target on Consolidated Edison (NYSE: ED) to $73.50 (from $83.50) while maintaining a Neutral rating following weak steam results. Management estimated that the results impact EPS by $0.08. The revised 2020 EPS estimate of $4.28 is now in the revised 2020... More