Morgan Stanley revises down the Edison International price target from $74 to $72 but initiates it with a buy at Jefferies. Edison International continues to outpace competitors in market performance. Despite some insiders selling their EIX holdings, Edison International's three-year EPS growth and strong Q3 2024 results drew investor attention. Banque Cantonale Vaudoise, Massachusetts Financial Services, and KBC Group NV have adjusted their stakes in the company. The company's SWOT analysis reveals strategic growth through grid expansion. In recent quarters, Edison International consistently beat earnings estimates, with revenue also on the rise, contributing to the strong momentum built over the year, during which the company's shares appreciated 41%. Amid political changes, the CEO advocates for clean energy tax credits to achieve California's climate goals. However, analysts warn of potential risks, mentioning wildfire-related losses but also the company's successful mitigation attempts. The company also stays in news for declaring dividends, strategic SWOT insights, and various institutional buying and selling activities.
Edison International EIX News Analytics from Tue, 30 Apr 2024 07:00:00 GMT to Sat, 23 Nov 2024 18:05:27 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -7
