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Edison International price target raised to $55 from $52.50 at Ladenburg

Ladenburg analyst Paul Fremont raised the firm’s price target on Edison International (EIX) to $55 from $52.50 and keeps a Neutral rating on the shares. The firm says the California Public Utilities Commission’s final order provides for rate base growth at the low end of Southern California Edison’s projected 6%-8% growth target.

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