BofA Maintains Cautious View on Con Edison (ED) After Rate Decision

Consolidated Edison, Inc. (NYSE:ED) is included among the Best Low Risk Stocks for a Retirement Stock Portfolio. BofA Maintains Cautious View on Con Edison (ED) After Rate Decision On January 23, BofA raised its price target on Consolidated Edison, Inc. (NYSE:ED) to 99from99 from 96. The firm reiterated an Underperform rating. BofA said the stock’s risk and reward still look tilted to the downside compared with peers, even after the New York Public Service Commission unanimously approved Con Edison’s three-y ...