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Edison International (EIX) Receives a Sell from Wells Fargo

Tipranks - Tipranks - Fri Feb 20, 8:20AM CST

Wells Fargo analyst Shahriar Pourreza maintained a Sell rating on Edison International today and set a price target of $59.00.

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Pourreza covers the Utilities sector, focusing on stocks such as Talen Energy Corp, NRG Energy, and Vistra Corp. According to TipRanks, Pourreza has an average return of 9.1% and a 69.15% success rate on recommended stocks.

Currently, the analyst consensus on Edison International is a Hold with an average price target of $68.78.

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Based on Edison International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.21 billion and a net profit of $1.92 billion. In comparison, last year the company earned a revenue of $3.98 billion and had a net profit of $408 million

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