Central Hudson's rate hikes gained state approval, but Gov. Hochul slammed the utility for making rates less affordable for struggling customers.

Utility companies Consolidated Edison and Spire are downgraded at Bank of America to Underperform with respective $101 and $76 price targets.

BofA downgraded Consolidated Edison (ED) to Underperform from Buy with a price target of $101, down from $112. Published first on TheFly – the ...

As previously reported, BofA analyst Ross Fowler double downgraded Consolidated Edison (ED) to Underperform from Buy with a ...