Morgan Stanley Maintains Underweight on Edison Intl, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Underweight rating on Edison International (NYSE:EIX) but raises the price target from $62 to $68.
August 23, 2024 | 4:09 pm
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Morgan Stanley maintains an Underweight rating on Edison International but raises the price target from $62 to $68, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the increased price target indicates some positive expectations. This mixed signal may result in a neutral short-term impact on EIX's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100