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Enter Symbol:
 
Edison International (EIX) [hlAlert]

Rating:
Buy EIX
down 0.63 %

Edison International (EIX) rated Buy with price target $69 by Argus

Posted on: Monday,  Aug 3, 2015  8:25 AM ET by Argus

Argus rated Buy Edison International (NYSE: EIX) on 08/03/2015, when the stock price was $60.25. Since
then, Edison International has lost 0.63% as of 11/06/2015's recent price of $59.87.
If you would have followed this Argus's recommendation on EIX, you would have lost 0.63% of your investment in 95 days.

Edison International is engaged in the business of becoming the parent holding company of Southern California Edison Company (SCE), a California public utility corporation, and of nonutility companies. The principal nonutility companies are Edison Mission Energy (EME), which is an independent power producer engaged in the business of developing, acquiring, owning or leasing, and selling energy and capacity from independent power production facilities and also conducts hedging and energy trading activities in power markets open to competition; and Edison Capital, which has investments in energy and infrastructure projects globally and in affordable housing projects located throughout the United States. The Company operates in three business segments: an electric utility operation segment (SCE), a nonutility power generation segment (EME), and a financial services provider segment (Edison Capital).

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/3/2015 8:25 AM Buy
None
60.25 69.00
as of 8/27/2015
1 Week down  -3.02 %
1 Month up  3.88 %
3 Months up  0.20 %
1 YTD up  20.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/13/2015 8:25 AM Buy
None
63.40 72.00
1/5/2015 1:25 PM Buy
None
65.58 75.00
7/25/2014 12:00 AM Buy
None
56.62 65.00
4/2/2014 12:00 AM Hold
None
55.96
10/7/2013 9:25 AM Buy
None
46.37
8/21/2012 8:25 AM Hold
None
44.36
11/20/2008 8:25 AM Buy
None
31.28 40.00

(*) Stock Price at the time of the recommendation.
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