CON EDISON REPORTS 2024 SECOND QUARTER EARNINGS

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Consolidated Edison (ED) PT Raised to $109 at BofA Securities

August 5, 2024 5:42 AM EDT

BofA Securities analyst Julien Dumoulin-Smith raised the price target on Consolidated Edison (NYSE: ED) to $109.00 (from $97.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on New York-based utility ConEdison (ED). ED reported Q224 adjusted EPS of $0.59 versus consensus/BofA of... More