New

Barclays Trims Edison International (eix) Target To $67, Reaffirms Overweight

Edison International (NYSE:EIX) is included among the Dividend Champions, Contenders, and Challengers List: 15 Highest Yielding Stocks.

On January 22, Barclays trimmed its price target on Edison International (NYSE:EIX) to $67 from $68. However, the firm reiterated an Overweight rating on the stock. The move came as part of a broader reset across the power and utilities sector ahead of Q4 earnings.

On January 21, Morgan Stanley lifted its price target on Edison International to $61 from $57, while keeping an Underweight rating on the stock. The update came as part of a broader refresh of Morgan Stanley’s North American coverage of regulated and diversified utilities and independent power producers. The firm noted that utility stocks lagged the S&P 500 in December, a trend the analyst highlighted in the research note to investors.

Edison International (NYSE:EIX) is an electric utility holding company focused on delivering clean, reliable energy and related services through its operating businesses. It is the parent company of Southern California Edison and Trio.

[im-yf-promo]

While we acknowledge the potential of EIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

[/im-yf-promo]

While we acknowledge the potential of EIX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EIX and that has a 100x upside potential, check out our report about the cheapest AI stock.

Disclosure: None.

Back to Listing

credit:

Barclays Trims Edison International (eix) Target To $67, Reaffirms Overweight

Popular Products