2022-03-10 06:42:16 ED Consolidated Edison
03/10/22 03/1006:42 03/10/2206:42 | Consolidated Edison price target raised to $94 from $90 at MizuhoMizuho analyst Anthony Crowdell raised the firm's price target on Consolidated Edison to $94 from $90 and keeps a Buy rating on the shares after meeting with management. While a potential Clean Energy Business sale could help minimize equity needs in 2023 and 2024, it would unlikely alleviate the previously announced $850M in 2022, Crowdell tells investors in a research note. The analyst updated the price target to reflect current market multiples. |
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