Barclays lowered the firm’s price target on Edison International (EIX) to $76 from $84 and keeps an Overweight rating on the shares. The firm expects share volatility in the near term amid the Los Angeles wildfires. Edison’s : market cap loss versus the max loss under AB 1054 points to an “overdone reaction,’ however, the analyst tells investors in a research note.
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Read More on EIX:
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