Is Consolidated Edison a Good Utilities Stock to Own?

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However, the stock has lost 4.8% in price over the past six months to close yesterday’s trading session at $75.51. The company’s relatively weak fundamentals and low-profit margins imply bleak growth prospects.

In addition, Bank of America recently downgraded the stock from “Neutral” to “Underperform,” indicating bearish sentiment about the stock’s future price performance.

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