EDISON INTERNATIONAL: UBS Downgrades Rating to Neutral from Buy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy EIX?
Source: moomoo
Edison International: The company has made significant moves in the energy sector, focusing on sustainability and innovation.
UBS Cuts: UBS has announced cuts that may impact its operations and workforce, reflecting broader trends in the financial industry.
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Analyst Views on EIX
Wall Street analysts forecast EIX stock price to fall
11 Analyst Rating
5 Buy
5 Hold
1 Sell
Moderate Buy
Current: 69.080
Low
55.00
Averages
63.73
High
71.00
Current: 69.080
Low
55.00
Averages
63.73
High
71.00
About EIX
Edison International is an electric utility holding company. The Company is focused on providing clean and reliable energy and energy services through its independent companies. It is the parent holding company of Southern California Edison Company (SCE) and Trio. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area across Southern, Central and Coastal California. Trio is a global energy advisory firm providing integrated sustainability and energy advisory services to large commercial, industrial and institutional organizations in North America and Europe. Trio provides integrated strategy and implementation solutions in sustainability, renewables, energy procurement, conventional supply, energy optimization and transportation electrification.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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EDISON INTERNATIONAL: UBS Downgrades Rating to Neutral from Buy
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See More
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- Data Center Load Growth: Xcel raised its high-probability data center load forecast to 4 GW from 2 GW during its year-end call, highlighting increasing investment opportunities in the data center sector, which enhances the sustainability of its future growth.
- Increased Investment Opportunities: The analyst noted that Xcel is seeing growing investment opportunities from SPP transmission and state resource plans, particularly with an expected 2.1 GW load addition in Colorado, providing robust support for future earnings growth.
- Minor Liability Resolution: Regarding the Smokehouse fire liability in Texas, the analyst expects the resolution to incur less than $100 million in costs, alleviating financial burdens on the company and further enhancing its profitability and market appeal.
See More
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- Monetary Policy Balance: As Fed Chair Powell's tenure approaches its end, the market is keenly focused on his performance in balancing maximum employment and stable prices, especially with the upcoming release of the latest meeting minutes, marking one of his final meetings in office.
- Interest Rate Challenges: During Powell's leadership, the Fed has navigated emergency interventions and an aggressive rate-hiking cycle, with the benchmark rate rising from near zero to over 5%; despite initially viewing inflation as 'transitory,' achieving a 'soft landing' for the economy will be a key part of his legacy.
- Market Reaction Expectations: Investors are optimistic about the upcoming personal consumption expenditure data, although the cooler-than-expected CPI could impact the Fed's interest rate outlook, with markets currently pricing in only two quarter-point cuts for the year.
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See More
EDISON INTERNATIONAL: UBS Downgrades Rating to Neutral from Buy
Edison International: The company has made significant moves in the energy sector, focusing on sustainability and innovation.
UBS Cuts: UBS has announced cuts that may impact its operations and workforce, reflecting broader trends in the financial industry.
See More
EDISON INTERNATIONAL: UBS INCREASES TARGET PRICE TO $78, UP FROM $70
- Edison International Update: The company has raised its star target price to $78 from $70.
- Market Implications: This adjustment reflects a positive outlook for Edison International's performance in the market.
See More
