Ladenburg Thalmann Upgrades Edison Intl to Sell, Lowers Price Target to $73.5
Portfolio Pulse from Benzinga Newsdesk
Ladenburg Thalmann analyst Paul Fremont has upgraded Edison International (NYSE:EIX) from Neutral to Sell and lowered the price target from $87 to $73.5.

November 01, 2024 | 6:05 pm
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NEGATIVE IMPACT
Ladenburg Thalmann has changed its rating for Edison International from Neutral to Sell, and reduced the price target from $87 to $73.5, indicating a negative outlook.
The downgrade from Neutral to Sell by a reputable analyst firm suggests a negative outlook for Edison International. The significant reduction in the price target from $87 to $73.5 further supports this bearish sentiment, likely leading to a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100