JP Morgan Raises Edison International (EIX) PT for the Second Time in Two Weeks

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Edison International (NYSE:EIX) is 1 of the largest electrical inferior holding companies successful America, focused connected providing cleanable and reliable vigor and vigor services done its autarkic companies.

On May 15, JPMorgan somewhat raised its terms people connected Edison International (NYSE:EIX) from $75 to $76, portion maintaining a ‘Neutral’ standing connected the shares. The revised estimate, which indicates an upside of astir 10% from the existent terms levels, marks the 2nd people boost that EIX has received from the renowned expert steadfast successful 2 weeks.

The bullish sentiment comes aft Edison International (NYSE:EIX) bushed nett estimates successful its Q1 2026 study past month. The institution accrued its halfway net by $0.05 to $1.42 per stock during the quarter, chiefly owed to the adoption of the GRC determination past year. However, its gross fell somewhat down estimates, contempt a YoY maturation of implicit 7%.

Edison International (NYSE:EIX) besides reiterated its 2026 halfway EPS guidance scope of $5.90 to $6.20, successful summation to expressing assurance successful achieving its people of 5-7% halfway EPS maturation from 2025-2030.

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