Mizuho Securities analyst Anthony Crowdell has reiterated their bullish stance on EIX stock, giving a Buy rating on February 27.
Anthony Crowdell has given his Buy rating due to a combination of factors including Edison International’s (EIX) strong 2025 guidance and the company’s efforts to address wildfire-related challenges. Despite uncertainties surrounding the legislative and regulatory solutions for wildfire liabilities, EIX’s management has demonstrated prudent actions that could potentially mitigate financial impacts.
Furthermore, EIX is trading at a significant P/E discount compared to its peers, presenting a value opportunity for investors. Crowdell acknowledges the ongoing legislative processes as a key catalyst for re-rating, but remains optimistic about a constructive resolution. The updated price target reflects current market conditions and the company’s financial guidance, reinforcing the Buy recommendation.
In another report released on February 27, Wells Fargo also reiterated a Buy rating on the stock with a $75.00 price target.