Consolidated Edison, Inc. (NYSE: ED) reiterated to Sell with price target $58 by UBS
The UBS advised against investing in this stock and the price has fallen for a loss. The price fell from $61.30 on 05/11/2015 to $66.56 on 08/14/2015. UBS reiterated Consolidated Edison,
Inc. (NYSE: ED) to Sell with price target $58 with today's price of $66.56. UBS rated Consolidated Edison, Inc. (NYSE: ED) to Sell with price target $55 on 05/11/2015, when the price was $61.30. Consolidated Edison, Inc.'s stock price gained 9% since then. By following the previous UBS's recommendation on ED, you would have lost 9% in 95 days.
Consolidated Edison, Inc.
is one of the nation's largest investor-owned energy companies. The company provides a wide range of energy- related products and services to its customers through regulated utility subsidiaries and competitive energy and telecommunications businesses.
is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers.
In Switzerland, UBS
is the market leader in retail and commercial banking.
With headquarters in Zurich and Basel, Switzerland, UBS
operates in over 50 countries and from all major international centers.
employs more than 80,000 people.