Keybanc Maintains Underweight on Consolidated Edison, Lowers Price Target to $87
Keybanc analyst Sophie Karp maintains Consolidated Edison (NYSE:ED) with a Underweight and lowers the price target from $94 to $87.
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Evercore ISI Group analyst Nicholas Amicucci maintains Consolidated Edison (NYSE:ED) with a In-Line and lowers the price target from $116 to $112.
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Keybanc analyst Sophie Karp maintains Consolidated Edison (NYSE:ED) with a Underweight and lowers the price target from $94 to $87.
Morgan Stanley analyst David Arcaro maintains Consolidated Edison (NYSE:ED) with a Underweight and lowers the price target from $101 to $97.
The article highlights three Dividend King stocks (companies with 50+ consecutive years of dividend increases) as ideal long-term holdings: Coca-Cola, Federal Realty Investment Trust, and Consolidated Edison. Coca-Cola maintains market dominance with 64 years of dividend growth and 27% YTD gains. Federal Realty is the only REIT with Dividend King status, showing strong occupancy and 59 years of dividend increases. Consolidated Edison provides stable utility income with 52 years of dividend growth, benefiting from rising power demand.