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TD Cowen Reaffirms Their Buy Rating on Edison International (EIX)

Tipranks - Tipranks - Sat Feb 21, 7:00AM CST

TD Cowen analyst Shelby Tucker reiterated a Buy rating on Edison International yesterday and set a price target of $83.00. The company’s shares closed yesterday at $72.66.

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According to TipRanks, Tucker is a 5-star analyst with an average return of 10.0% and a 68.05% success rate. Tucker covers the Utilities sector, focusing on stocks such as Consolidated Edison, Eversource Energy, and American Electric Power.

Edison International has an analyst consensus of Hold, with a price target consensus of $70.20, which is a -3.39% downside from current levels. In a report released yesterday, TipRanks – xAI also reiterated a Buy rating on the stock with a $78.00 price target.

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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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