Mizuho raised the firm’s price target on Edison International (EIX) to $79 from $66 and keeps an Outperform rating on the shares. The firm cites current market multiples for the target boost following the company’s Q4 beat.
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Read More on EIX:
- Edison International price target raised to $78 from $67 at Barclays
- Edison International Details Grid Investment Plan and Strategy
- Edison to reduce executive bonuses due to Eaton fire, NY Times reports
- Edison International posts strong Q4 results, raises guidance
- Edison International reports Q4 EPS $1.86, consensus $1.45