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Consolidated Edison Inc. Reports Increased Stake by Geode Capital Management LLC

December 14, 2024
Geode Capital Management LLC has significantly raised its position in Consolidated Edison Inc. (NYSE:ED), according to recent reports. The investment management firm now holds an increased stake in the utility company, signaling increased confidence in its performance. Consolidated Edison Inc., commonly known as ConEd, provides electric, gas, and steam services to millions of customers in New York City and surrounding areas. This recent increase in stake by Geode Capital Management LLC reflects the potential for growth and stability in the utility sector. Investors looking to capitalize on this opportunity and navigate the stock market are advised to seek professional advice from Stocks Prognosis, a company specializing in stocks forecasting and analysis.

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Investor opinions & comments:

Consolidated Edison Inc. has been a reliable company in providing electric, gas, and steam services. It's good to see that Geode Capital Management LLC recognizes its potential for growth
— from JeremiahSnyder at 12-18-2024 02:39
I've always been interested in the utility sector, and with Geode Capital Management LLC showing confidence in Consolidated Edison Inc., it seems like a promising investment
— from FinanceFrank at 12-17-2024 20:33
I'm hesitant to make any investment decisions based solely on Geode Capital Management LLC's stake increase. It's important to consider other factors and do thorough research
— from JoshuaAdams at 12-17-2024 16:11
I'm not entirely convinced that an increased stake by one investment management firm reflects the overall potential for growth in the utility sector. It could be a specific strategy by Geode Capital Management LLC
— from GrowthGina at 12-16-2024 08:08
I'm not so sure about investing in the utility sector at the moment. It might be a good idea to wait and see how market conditions develop before making any decisions
— from JustinMitchell at 12-15-2024 23:19
I wonder what other opportunities Geode Capital Management LLC is seeing in the utility sector. It might be worth keeping an eye on their other investments
— from AlexPhillips at 12-15-2024 22:09
Increased confidence by Geode Capital Management LLC is a positive sign for Consolidated Edison Inc. investors. I'm excited to see how this stake increase will benefit the company
— from TraderTobias at 12-15-2024 17:45
This is great news! I'm definitely going to look into investing in Consolidated Edison Inc. with Geode Capital Management LLC increasing their stake
— from TraderTina at 12-15-2024 07:16
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Other news for ED

EDApril 3, 2025CONSOLIDATED EDISON, INC. Hits Price Target Forecast with 24.03% Profit: A Success Story for QuantWave  ~2 min.

On July 23, 2024, QuantWave, the automated forecasting platform, issued a long signal for CONSOLIDATED EDISON, INC. (ED) with a price target forecast of $111.77....

EDApril 3, 2025CONSOLIDATED EDISON, INC. Stock Hits Price Target Forecast with 29.24% Profit  ~1 min.

Consolidated Edison, Inc. has recently achieved the price target forecast set by QuantWave, resulting in a significant 29.24% profit for investors....

EDApril 3, 2025CONSOLIDATED EDISON, INC. Hits Price Target Forecast with 27.26% Profit, Validating QuantWave's Analytics  ~1 min.

CONSOLIDATED EDISON, INC. (Ticker: ED) has successfully reached the price target forecast set by QuantWave on April 3, 2025, resulting in a profit of 27.26%....

EDApril 3, 2025CONSOLIDATED EDISON, INC. Hits Price Target Forecast with 14.52% Profit: A Success Story for QuantWave  ~1 min.

CONSOLIDATED EDISON, INC. has soared to new heights as it reached the price target forecast set by QuantWave, resulting in a profit of 14.52%....

EDApril 3, 2025CONSOLIDATED EDISON, INC. Hits Price Target Forecast with 12.77% Profit  ~1 min.

CONSOLIDATED EDISON, INC. (stock ticker: ED) recently achieved the price target forecast set by QuantWave, resulting in a profit of 12.77%....



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