Morgan Stanley lowered the firm’s price target on Edison International (EIX) to $70 from $71 and keeps an Underweight rating on the shares. The firm is updating the price targets for Regulated & Diversified Utilities / IPPs in North America under its coverage, the analyst tells investors. In March, utilities outperformed the S&P’s return.
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Read More on EIX:
- Edison International price target raised to $62 from $59 at Wells Fargo
- Edison International initiated with a Hold at Truist
- Edison International price target lowered to $78 from $80 at BofA
- Edison International downgraded to Neutral at Seaport following outperformance
- Edison International: Buy Rating on Earnings Upside and Favorable Risk‑Reward Despite Wildfire and Policy Risks
