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Fly News Breaks for September 14, 2016
ED
Sep 14, 2016 | 05:42 EDT
Jefferies analyst Anthony Crowdell upgraded Consolidated Edison to Buy citing valuation. The shares are currently trading at a group average multiple but has historically traded at a 5%-15% premium to other regulated utilities, Crowdell tells investors in a research note. He raised his price target for the shares to $82 from $80.
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