Edison International (EIX) has been in the spotlight recently with its stock price moving upwards by 2.9% since the last earnings report. Morgan Stanley has set a new target price of $64.00 for the company. In a strategic SWOT insight, it has been suggested that the company will benefit from long-term investments. The company's stock is consistently outperforming its competitors in spite of recent losses. Recently, Corient Private Wealth LLC and HSBC Holdings PLC bought shares of Edison International, showing confidence in the company. However, it's noteworthy that UBS Group AG and PNC Financial Services Group Inc. have sold their shares. Edison International's Q1 earnings have also exceeded expectations. Its recent $1 Million gift to provide scholarships to CSULA students shows its commitment to the community. Wells Fargo & Company has upgraded Edison International citing reductions in wildfire-related risks. A significant 5.8% dividend hike was also announced recently, providing additional advantages to the shareholders. However, while financial results for Q1 2024 missed expectations, the company's long-term investments still make a strong case for its growth.
Edison International EIX News Analytics from Fri, 28 Jul 2023 07:00:00 GMT to Thu, 30 May 2024 15:31:06 GMT -
Rating 4
- Innovation 5
- Information 7
- Rumor -3
