Consolidated Edison, Inc. (ED) is a major energy company in New York, providing regulated electric, gas, and steam services to millions. With a market cap of around $34.7 billion, ED is considered a large-cap stock. The stock has fallen 16.2% from its 52-week high and declined 1.6% over the past three months, underperforming the Utilities Select Sector SPDR Fund. The company’s performance has been volatile due to concerns over high capital spending, rising debt, and regulatory scrutiny. Analysts are cautious about ED’s prospects, with a consensus “Hold” rating and a mean price target suggesting a 9.1% upside potential.

Read more at Barchart: Is ED Underperforming the Utilities Sector?