Bank of America has double-downgraded Consolidated Edison Inc (NYSE:ED) to Underperform from Buy, citing a tougher regulatory backdrop and heightened affordability pressures in New York.

Utility Consolidated Edison beat Wall Street estimates for second-quarter adjusted profit on Thursday, driven by higher power rates and strong performance in its electric and gas segments.

This was the stock's sixth consecutive day of losses.

The stock's fall snapped a five-day winning streak.

Consolidated Edison has underperformed the broader market over the past year, and analysts are cautious about the stock’s ...

The utility follows best practices to build out its vehicle charging infrastructure, with a goal of having about 2000 ...

BofA downgraded Consolidated Edison (ED) to Underperform from Buy with a price target of $101, down from $112. Published first on TheFly – the ...

Fintel reports that on August 15, 2025, B of A Securities downgraded their outlook for Consolidated Edison (NYSE:ED) from Buy ...

Consolidated Edison Company of New York, Inc. (CECONY), by far the largest subsidiary, supplies 3.7 million customers in New York City with electricity, 1.1 million customers with gas, and 1,530 ...