Consolidated Edison Inc. (ED) has undergone multiple assessments impacting its stock market performance. With the
NYC Mayoral Race underway, analysts weigh in on how it may affect the Company's future.
Evercore ISI Group initiates coverage on Consolidated Edison with an In-Line Rating while
Mizuho Securities maintains the company with a Buy Rating, securing a stable Target Price. The company also presents at an investor event, outlining its
Strategic Vision and announcing a
Common Stock Dividend. However, backlash from ConEd's power-bill rise threatens New York's climate goals, amid proposed rate hikes from the company deemed 'Tone-Deaf' and 'Out of Touch'. Regular declarations of dividends and quarterly revenue beating expectations do little to soften the tides with public hearings being held regarding the company's rate hikes. However, the company’s resilience in the face of regulatory hurdles and the fact that the
majority of shares are held by institutional shareholders seem to maintain an overall positive outlook.
Consolidated Edison ED News Analytics from Tue, 03 Dec 2024 08:00:00 GMT to Fri, 10 Oct 2025 20:15:24 GMT -
Rating -1
- Innovation -3
- Information 8
- Rumor -3
