Morgan Stanley Maintains Underweight on Edison Intl, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Underweight rating on Edison Intl (NYSE:EIX) and lowers the price target from $59 to $57.
May 22, 2023 | 12:15 pm
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NEGATIVE IMPACT
Morgan Stanley maintains an Underweight rating on Edison Intl and lowers the price target from $59 to $57.
The lowered price target by Morgan Stanley indicates a bearish outlook on Edison Intl's stock. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100