Consolidated Edison, Inc. (NYSE: ED) is named one of the 10 Best Renewable Energy Dividend Stocks to Buy Now. Barclays lowered the price target on ED from $105 to $101 after the company’s third-quarter report. However, Consolidated Edison reported strong Q3 results, with net income of $688 million or $1.91 per share. The company reaffirmed its optimism by narrowing its FY 2025 adjusted EPS forecast to $5.60 to $5.70 per share. Consolidated Edison plans to invest strategically in infrastructure, including the completion of 14 new substations by 2030. For more utility stock options, check out the 12 Best Utility Stocks to Buy for Dividends and 11 Best High Yield Energy Stocks to Buy Now.

Read more at Yahoo Finance: Consolidated Edison (ED) Price Target Lowered by Barclays