Mizuho analyst Paul Fremont raised his price target for Edison International to $65.50 from $57 citing higher group average multiples and keeps a Buy rating on the shares. The Ventura County Fire Department yesterday released its report on the December 4, 2017 Thomas Fire. After ruling out several other potential causes, the fire investigation team concluded that the Thomas Fire occurred when SCE power lines came into contact with each other between two power poles and ignited dry ground vegetation, Fremont tells investors in a research note. The report ruled out other potential causes including, campfire, civilian debris, arson, and third-party equipment, the analyst adds.