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Stock impact report

Morgan Stanley Updates Utility Outlook, Lowers View on Edison International (EIX) [Yahoo! Finance]

Edison International (EIX) 
Last edison international earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: edison.com/home/investors.html
Company Research Source: Yahoo! Finance
Morgan Stanley Updates Utility Outlook, Lowers View on Edison International (EIX) On April 21, Morgan Stanley lowered its price target on Edison International (NYSE:EIX) to $70 from $71. It reiterated an Underweight rating on the shares. The firm said it is updating price targets across Regulated & Diversified Utilities and IPPs in North America. The analyst noted that utilities outperformed the S&P 500 in March. On April 21, Truist initiated coverage of EIX with a Hold rating and a $82 price target. The firm launched coverage on 20 companies in the power and utilities group. The analyst said vertically integrated electric utilities are “clear winners” in building infrastructure to support data center demand. Truist added that companies should lean into this growth opportunity and highlighted American Electric Power, Entergy, and Xcel Energy as top picks. It also pointed to Ameren, CMS Energy, and DTE Energy as names it favors. Edison International (NYSE:EIX) operates as an ele Show less Read more
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