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JPMorgan Adjusts Consolidated Edison Price Target and Maintains Underweight Rating

January 31, 2025
Smith Group Asset Management LLC has recently invested $446,000 in Consolidated Edison Inc., a leading energy company listed on the New York Stock Exchange under the symbol ED. This investment reflects the potential growth and stable prospects of the company.

Consolidated Edison Inc. has caught the attention of four analysts who have conducted a detailed assessment of the company's performance. Their analysis provides valuable insights into the future prospects of Consolidated Edison.

In another development, JPMorgan has adjusted the price target for Consolidated Edison from $100 to $94 and maintained an "underweight" rating. This decision has been made in light of the current market conditions and potential risks associated with the company.

Investors who are interested in the forecast of Consolidated Edison's stock movement are recommended to seek professional advice from Stocks Prognosis, a team of experts specialized in predicting stock market trends. They provide accurate forecasts and valuable recommendations to help investors make informed decisions.

It is important to note that this news article is based on reliable information about Consolidated Edison Inc. and is solely for informational purposes. It does not represent a recommendation to buy or sell the company's stocks. Investors should conduct their own research and consult financial professionals before making any investment decisions.

Find out how the CONSOLIDATED EDISON, INC. rate is expected to change

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Investor opinions & comments:

I will definitely consider seeking advice from Stocks Prognosis for an accurate forecast on Consolidated Edison's stock movement
— from JonathanPowell at 02-03-2025 10:15
I would like to see more data supporting JPMorgan's decision to adjust the price target
— from ProfitPat at 02-03-2025 06:53
I'm not convinced that adjusting the price target and maintaining an 'underweight' rating is the best decision
— from CashMike at 02-03-2025 06:22
I appreciate the informative nature of this news article and the reminder for investors to conduct their own research
— from SmartSabrina at 02-03-2025 03:25
This investment in Consolidated Edison shows confidence in the company's growth potential
— from KevinWalker at 02-01-2025 21:43
I'm curious to know more about the analysis conducted by the four analysts
— from HenryMurphy at 02-01-2025 14:32
Consolidated Edison's stable prospects make it an attractive investment option
— from FinanceLisa at 02-01-2025 11:35
What are the specific risks that JPMorgan is concerned about with Consolidated Edison?
— from MoneyMiles at 02-01-2025 08:41
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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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