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Fly News Breaks for January 26, 2016
EIX
Jan 26, 2016 | 08:10 EDT
Evercore ISI analyst Greg Gordon upgraded Edison International to Buy and maintained his $65 price target on shares. The analyst expects Edison to disappoint over the short-term but still believes it remains one of the best longer term earnings and dividend growth stories under coverage. Gordon believes the company will maintain a strong parent balance sheet and will not need equity to fund spending or dividend increases over the next two years.
News For EIX From the Last 2 Days
EIX
Apr 22, 2024 | 07:11 EDT
Barclays analyst Nicholas Campanella raised the firm's price target on Edison International to $72 from $70 and keeps an Equal Weight rating on the shares as part of a Q1 preview for the utilities group. The analyst expects weaker quarter results for the sector due to "underwhelming" weather to start the year. However, the firm does not see many companies trending lower in the fiscal 2024 earnings range.
