Guggenheim raised the firm’s price target on Edison International to $83 from $80 and keeps a Buy rating on the shares. Edison reported a Q2 EPS beat and reaffirmed 2024 EPS guidance after what the firm calls “a solid quarter.” The 2025 general rate case and incremental capex opportunities make the stock look like “a regular electrification story at discount valuation,” the analyst tells investors.
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