Mizuho has increased
Edison International's price target to $85.00. Meanwhile,
Wells Fargo also raised its view due to wildfire-related risks. The company outperformed competitors on a strong trading day although it underperformed the market overall. Edison's CEO,
J. Andrew Murphy, sold $4.1m worth of stock. It was reported that
Envestnet Portfolio Solutions sold nearly 7000 shares. The company's Strategic SWOT Insights were decoded, revealing that the company's health earnings may be conservative. Unfortunately, it's been noted that the shareholders who invested five years ago are in the red. Analysts' consensus recommends a “hold” with Edison. Various institutional investors such as
Robeco, Private Advisor Group, and
M&G Investment Management have decreased their holdings. Edison's Q1 ended with earnings topping, but revenues fell year over year. The stock reached a new 52-week high at $75.91. Despite this,
Mitsubishi UFJ Asset Management purchased additional shares, showcasing growth potential. However, it is currently unclear what awaits Edison in the remaining quarters. Edison's Q1 missed earnings expectations. Furthermore, there was a decrease in short interest by 6.2% in April, yet
Jump Financial LLC bought 17,000 shares.
Edison International EIX News Analytics from Thu, 07 Sep 2023 07:00:00 GMT to Sun, 19 May 2024 13:00:33 GMT -
Rating 1
- Innovation 4
- Information 6
- Rumor -3
