Wells Fargo raised the firm’s price target on Edison International (EIX) to $94 from $87 and keeps an Overweight rating on the shares. The firm notes management remains confident in the 5%-7% EPS CAGR outlook despite the disappointing 2025 ROE reset.
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Read More on EIX:
- Edison International Shows Strong Q3 Earnings Growth
- Edison International price target raised to $91 from $89 at Barclays
- Edison International Reports Strong Q3 2024 Earnings Growth
- Edison International reports Q3 core EPS $1.51, consensus $1.38
- Edison International narrows FY24 core EPS view to $4.80-$5.00, consensus $4.94
