ConEd hiked to Buy at Citi as positioned for earnings growth to accelerate

Oct. 15, 2024 12:48 PM ETConsolidated Edison, Inc. (ED) StockCEGBy: Carl Surran, SA News Editor
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Consolidated Edison (NYSE:ED) +2.5% in Tuesday's trading as Citi upgrades shares to Buy from Neutral with a $116 price target, raised from $103, on the view that the upcoming CECONY and O&R rate cases likely will drive earnings acceleration.

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