UBS analyst Gregg Orrill lowered the firm’s price target on Edison International (EIX) to $87 from $96 and keeps a Neutral rating on the shares. The risk for Edison is related to a negative general rate case decision in 1Q25 and to a lesser degree Woolsey wildfire recovery, and while Edison thinks they could do the 5%-7% EPS growth rate without Thomas and Koenigstein or Woolsley recovery, the firm does not think it is priced into the stock, the analyst tells investors in a research note.
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