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Analysts Conflicted on These Utilities Names: Spire (SR), OPAL Fuels (OPAL) and Consolidated Edison (ED)

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Spire (SRResearch Report), OPAL Fuels (OPALResearch Report) and Consolidated Edison (EDResearch Report).

Spire (SR)

In a report issued on November 16, Gabe Moreen from Mizuho Securities maintained a Buy rating on Spire, with a price target of $66.00. The company’s shares closed last Friday at $61.36.

According to TipRanks.com, Moreen is a 5-star analyst with an average return of 7.6% and a 70.8% success rate. Moreen covers the NA sector, focusing on stocks such as Enterprise Products Partners, Western Midstream Partners, and EnLink Midstream.

Currently, the analyst consensus on Spire is a Hold with an average price target of $62.50.

See today’s best-performing stocks on TipRanks >>

OPAL Fuels (OPAL)

Goldman Sachs analyst Adam Bubes maintained a Sell rating on OPAL Fuels on November 15 and set a price target of $5.80. The company’s shares closed last Friday at $6.28.

Bubes has an average return of 12.2% when recommending OPAL Fuels.

According to TipRanks.com, Bubes is ranked #5117 out of 8631 analysts.

OPAL Fuels has an analyst consensus of Moderate Buy, with a price target consensus of $10.67.

Consolidated Edison (ED)

In a report issued on November 17, Anthony Crowdell from Mizuho Securities maintained a Hold rating on Consolidated Edison, with a price target of $91.00. The company’s shares closed last Friday at $91.36.

According to TipRanks.com, Crowdell is a 3-star analyst with an average return of 1.5% and a 51.2% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Brookfield Renewable Partners, and Public Service Enterprise.

Consolidated Edison has an analyst consensus of Hold, with a price target consensus of $87.50, which is a -4.5% downside from current levels. In a report issued on November 3, Wells Fargo also maintained a Hold rating on the stock with a $93.00 price target.

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