Consolidated Edison (ED) and BlackBerry (BBRY) are downgraded but a price target raise for Apple (AAPL) are Wednesday's Analysts' Actions. Con ED was downgraded to SELL from NEUTRAL at UBS. The firm says Con Ed's 'potential near-term pressure on earnings power that could move the company's return-on-equity below 9%' is the reason for the downgrade. The price target is unchanged at $59. BlackBerry shares are slumping after getting hit with a downgrade from Morgan Stanley to UNDERWEIGHT. The analysts there think the market's expectations are too excessive about BlackBerry's new products and turnaround. The price target was kept at $7 a share. Apple got its price target bumped at Jefferies by $8 to $120. The firm reiterated its HOLD rating because it believes Google still leads Apple in Consumer Cloud Services.