Evercore ISI Group Upgrades Edison Intl to Outperform, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Durgesh Chopra has upgraded Edison Intl (NYSE:EIX) from In-Line to Outperform and lowered the price target from $74 to $68.
October 23, 2023 | 11:18 am
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Edison Intl has been upgraded to Outperform by Evercore ISI Group, but the price target has been lowered from $74 to $68.
The upgrade to Outperform suggests that the analyst believes the company will outperform the market, which could lead to a positive impact on the stock price. However, the lowering of the price target might temper this positive impact as it suggests a lower future valuation.
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