Deutsche Bank Raises Price Target on Edison International (EIX)
Deutsche Bank reported that it has raised its price target on utility company, Edison International (EIX) on Wednesday.
The firm has reiterated a “Buy” reating on EIX, and has lowered the company’s price target from $55 to $52. This price target suggests a 8% increase from the stock’s current price of $47.71.
Edison International shares were down 26 cents, or -0.54% during Wednesday morning trading. The stock is up 5% YTD.
The Bottom Line
Shares of Edison International (EIX) have a 2.83% yield, based on Wednesday morning’s price of $47.71.
Edison International (EIX) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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