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Barclays Trims Edison International (EIX) Target to $67, Reaffirms Overweight
Barclays has trimmed its price target for Edison International (EIX) to $67 from $68 but reiterated an Overweight rating, acknowledging a broader sector reset. This follows Morgan Stanley’s recent uplift of EIX’s target to $61 from $57, though maintaining an Underweight rating. Edison International, an electric utility holding company, is noted for its dividend performance, but the article suggests certain AI stocks offer greater upside and less risk.