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Consolidated Edison reported strong earnings, drawing mixed responses from major investors.
Azimuth Capital reduced its holdings in Consolidated Edison (ED) by selling 398 shares, while Invesco Ltd. increased its stake by 27.9%, acquiring 812,885 shares.
Consolidated Edison reported a strong quarter with earnings of $0.98 per share, exceeding analysts' expectations by $0.01.
The company's stock, valued at $38.15 billion, has a market cap and a consensus target price of $102.80, with analysts giving it a strong buy rating.
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Consolidado Edison informó de fuertes ganancias, obteniendo respuestas mixtas de los principales inversores.