NYSE:EDIntegrated Utilities
Consolidated Edison (ED) Faces A Valuation Test Following Mizuho Downgrade
Mizuho’s decision to downgrade Consolidated Edison (ED) to Neutral, citing constrained growth prospects and a less compelling valuation discount versus peers, has drawn fresh attention to the stock’s current pricing and risk profile.
See our latest analysis for Consolidated Edison.
Despite the recent Mizuho downgrade and earlier cautious commentary from Morgan Stanley, Consolidated Edison’s share price is at $110.76, with a year-to-date share price return of 10.77% and a 1-year total...