JPMorgan Adjusts Consolidated Edison Price Target and Maintains Underweight Rating

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.