Deutsche Bank Raises Price Target on Edison International (EIX)

Deutsche Bank Raises Price Target on Edison International (EIX)

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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.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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