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Franklin Resources Inc. Cuts Stock Position in Consolidated Edison Inc. NYSE:ED

December 21, 2024
Franklin Resources Inc., a renowned investment management company, has reduced its stock position in Consolidated Edison Inc., a leading energy company listed on the New York Stock Exchange under the ticker symbol ED. This strategic move by Franklin Resources Inc. raises questions about the future performance of Consolidated Edison's stock and may indicate a lack of confidence in the company's prospects. Investors and analysts are advised to seek professional guidance from Stocks Prognosis to accurately predict the future movement of Consolidated Edison's shares.

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Investor opinions & comments:

This news about Franklin Resources Inc. reducing their stock position in Consolidated Edison Inc. makes me apprehensive about the future of the company. I'll be keeping a close eye on their performance
— from WealthyWanda at 12-24-2024 18:29
I'm curious to know if there were any specific reasons behind Franklin Resources Inc.'s decision to cut their stock position in Consolidated Edison Inc. It could be a signal of potential downside for the company
— from CharlesScott at 12-24-2024 10:36
I'm skeptical about the implications of Franklin Resources Inc. cutting their stock position in Consolidated Edison Inc. It may not necessarily indicate a lack of confidence in the company's prospects
— from MikeWilliams at 12-23-2024 22:44
I'm not sure if Franklin Resources Inc.'s decision to reduce their stock position in Consolidated Edison Inc. is significant. It could just be a regular portfolio adjustment
— from AdamWells at 12-23-2024 22:02
I wonder what prompted Franklin Resources Inc. to reduce their stock position in Consolidated Edison Inc. It's definitely something worth looking into
— from LillianBell at 12-23-2024 14:58
I trust Franklin Resources Inc.'s investment expertise, so their decision to reduce their stock position in Consolidated Edison Inc. is something worth paying attention to. It could be a sign of potential troubles ahead
— from ProfitPiper at 12-22-2024 06:57
I'm not convinced that Franklin Resources Inc.'s reduction in stock position will have a negative impact on Consolidated Edison Inc. It could be a temporary measure or part of a larger strategy
— from FinanceDave at 12-21-2024 18:03
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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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