BofA lowered the firm’s price target on Edison International (EIX) to $78 from $80 and keeps a Buy rating on the shares. The firm expects Edison to report Q1 core EPS of $1.35, versus $1.37 last year and $1.21 consensus, the analyst tells investors in a preview.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EIX:
- 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
- The Week That Was, The Week Ahead: Macro and Markets, April 5
- Venture Global, Edison announce Calcasieu Pass arbitration settlement
- Edison International price target raised to $71 from $68 at Morgan Stanley