Morgan Stanley Maintains Underweight on Edison Intl, Lowers Price Target to $55
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 $57 to $55.
June 23, 2023 | 1:27 pm
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Morgan Stanley maintains an Underweight rating on Edison Intl (NYSE:EIX) and lowers the price target from $57 to $55.
The lowered price target by Morgan Stanley's analyst David Arcaro indicates a bearish outlook on Edison Intl's stock. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new target.
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