RBC Capital Reiterates Outperform on Edison Intl, Maintains $81 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has reiterated an 'Outperform' rating on Edison Intl (NYSE:EIX) and maintained a price target of $81.

September 12, 2023 | 3:34 pm
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POSITIVE IMPACT
Edison Intl's stock rating has been reiterated as 'Outperform' by RBC Capital, with a maintained price target of $81.
The reiteration of an 'Outperform' rating by a reputable analyst like Shelby Tucker from RBC Capital is a positive signal for Edison Intl. It suggests that the analyst believes the company's stock will outperform the market or its sector in the near term. The maintained price target of $81 also indicates that the analyst believes the stock is still undervalued at its current price, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100