Morgan Stanley Downgrades Consolidated Edison To Underweight - Consolidated Edison (NYSE:ED)

27% profit every 20 days?

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Analysts at Morgan Stanley downgraded Consolidated Edison (NYSE: 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.

27% profit every 20 days?

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