🟢 Consolidated Edison is trading 4.53% up in pre-market + broad risk-on market move

Consolidated Edison is trading 4.53% up now at $110.20 after a broad pre-market risk-on move.

• The S&P 500, Nasdaq Composite, and Dow Jones are all higher by more than 0.5%.
• No fresh company-specific catalyst clearly explains the gain.
• Morgan Stanley maintained an Underweight rating while lowering its price target to $97; the scheduled September 21 dividend payment was previously announced.