Mizuho analyst Anthony Crowdell lowered the firm’s price target on Edison International (EIX) to $66 from $75 and keeps an Outperform rating on the shares following the Q4 report. The key focus remains on fallout from the Los Angeles fires earlier this year, and any potential legislative/regulatory solution around the liability associated with the damages, the analyst tells investors in a research note. The firm updated estimates to reflect Edison’s current guidance.
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Read More on EIX:
- Edison International price target lowered to $65 from $67 at Barclays
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