Morgan Stanley Raises Edison (EIX) Price Target Amid Deleveraging and Wildfire Cost Securitization
Market Intelligence Analysis
AI-PoweredMorgan Stanley raised Edison International's price target to $61 from $57, citing deleveraging and wildfire cost securitization, but maintained an Underweight rating.
Market impact analysis based on neutral sentiment with 80% confidence.
Article Context
Edison International (NYSE:EIX) ranks among the stocks with the lowest forward PE ratios. On January 21, Morgan Stanley boosted Edison International (NYSE:EIX)’s price target to $61 from $57 while maintaining an Underweight rating on the company’s shares. The firm is revising its assessment of Regulated & Diversified Utilities / IPPs in North America, pointing out […]
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