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Edison International price target lowered to $70 from $71 at Morgan Stanley

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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