Consolidated Edison Inc. consistently outperforms rival firms due to robust trading. Analysts provide comprehensive scrutiny of the company with eight ratings. The company earns an upgrade from Scotiabank and secures a $700 Million credit agreement. Remarkably, Geode Capital Management LLC and Stifel Financial Corp increased their share holdings in the company. Additionally, the company's leadership announces a webcast presentation concerning its clean energy future strategy and reports better than expected third and second-quarter profits. Despite disappointing earnings projections, Jim Cramer asserts his bullish stance on the company. A call for an investigation into the company's pricing following a report by Congressman Ritchie Torres emerges amidst complaints on the rising prices. The company also announces a significant debenture sale and a joint proposal for a new rate. A SWOT insight reveals that the company may be overvalued despite reporting robust third-quarter earnings. Despite some allegations of price gouging, wall street analysts endorse the company's stock.
Consolidated Edison ED News Analytics from Thu, 15 Feb 2024 08:00:00 GMT to Fri, 13 Dec 2024 22:01:00 GMT -
Rating 4
- Innovation -3
- Information 6
- Rumor -1
