Edison International (EIX) has been the focus of a number of financial institutions and investors recently. Known market players such as
Sumitomo Mitsui Trust Group Inc., Victory Capital Management Inc., and ING Groep NV have increased their stake in the company, while
Cornercap Investment Counsel Inc. and Impax Asset Management Group plc have decreased their stake. The stock has faced
fluctuations in its performance when compared to its competitors. Edison reported strong
third-quarter 2024 results and outperformed estimates for both
earnings per share (EPS) and revenues. Furthermore, based on the firm's performance and strategic ventures,
Jefferies initiated coverage of Edison with a
buy recommendation. The company's strategic plans, which include a
grid expansion and recovery investments in wildfire safety, contributed to the
Growth expectations. However, opinions on its investment value have been mixed, with some considering it not the best in the utility space.
Edison International EIX News Analytics from Thu, 22 Feb 2024 08:00:00 GMT to Sat, 16 Nov 2024 12:41:28 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 3
