Morgan Stanley Downgrades Consolidated Edison To Underweight

Analysts at Morgan Stanley downgraded Consolidated Edison ED from Equal-weight to Underweight. The price target for Consolidated Edison has been lowered from $56.00 to $55.00. Consolidated Edison shares have gained 8.49% over the past 52 weeks, while the S&P 500 index has surged 9.13% in the same period. Consolidated Edison's shares rose 1.25% to close at $61.46 yesterday.