Consolidated Edison (NYSE:ED) Hits New 12-Month High After Analyst Upgrade

Consolidated Edison Inc (NYSE: ED - Get Free Report) reached a new 52-week high on Friday after JPMorgan Chase and Co. raised their price target on the stock from $107.00 to $113.00. JPMorgan Chase and Co. currently has an underweight rating on the stock. Consolidated Edison traded as high as $115.36 and last traded at $115.2510,