Comerica Bank has sold 16,564 shares of
Edison International (NYSE:EIX) while
Tidal Investments LLC and
Burney Co. have also reduced their positions. On the other hand,
Lazard Asset Management LLC and
Price T Rowe Associates Inc. have boosted their holdings in Edison.
Swedbank AB and
QRG Capital Management Inc have opened new positions. The company has managed to surpass key benchmarks, hitting an 80-plus RS rating and yielding a cross mark of 4%. The average price target from analysts stands at $77.82, while Barclays has given a price target of $80.00.
Edison's Q2 2024 Earnings and Revenues topped estimates, leading its shares to outperform competitors on a strong trading day and to achieve a new 52-week high. The company's CEO, J Andrew Murphy, sold shares worth over $2.6 million. In the last three years, those who invested in Edison International are up by 57%, confirming Edison as a strong long-term growth stock. The first and second quarter of 2024 have shown promising results, despite some insider selling. A strategic SWOT insight into Edison reveals a greater performance of the stock over its underlying earnings growth.
Edison International EIX News Analytics from Wed, 03 Jan 2024 14:32:12 GMT to Sun, 04 Aug 2024 11:43:32 GMT -
Rating 6
- Innovation 3
- Information 9
- Rumor -3
