Reported 1 day ago
Consolidated Edison, Inc. (ED), a major utility provider, has seen its stock drop 14.9% from its peak, while gaining 9.5% year-to-date. Despite solid revenue growth and beating earnings expectations in Q2, ED has underperformed compared to the Dow Jones Industrial Average's gains and its peer The Southern Company. Analysts suggest a 'Hold' rating for ED, with a slight upside potential.
Source: YAHOO