Jefferies Maintains Hold on Edison International, Lowers Price Target to $53
Jefferies analyst Julien Dumoulin-Smith maintains Edison International (NYSE:EIX) with a Hold and lowers the price target from $68 to $53.
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This Nike Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
Top names on Wall Street have had their outlook changed by analysts, including downgrades and price target cuts. See what they think about EIX.
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Truist Securities Maintains Hold on Edison International, Lowers Price Target to $63
Edison International shares are trading lower after JP Morgan lowered its price target on the stock from $82 to $61.
Shares of IT Services companies are trading higher. The sector may be rallying in response to AI executives from firms including Anthropic, OpenAI and SpaceXAI signaling that the industry's growth may have to be slowed, which may limit threats to IT Service vendors.
'Activist pushes EPAM Systems for buybacks as AI hits its shares' - Financial Times
https://www.ft.com/content/d938c799-a188-4bfe-bf5e-bbaeb208cb8e?syn-25a6b1a6=1