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Edison International (EIX) [hlAlert]

Rating:
Hold EIX
up 6.89 %

Edison International (EIX) downgraded to Hold with price target $62 by Deutsche Bank

Posted on: Tuesday,  Aug 11, 2015  12:25 PM ET by Deutsche Bank

Deutsche Bank rated Hold Edison International (NYSE: EIX) on 08/11/2015. Previously Deutsche Bank rated Buy Edison International (NYSE: EIX) on 03/28/2014.,
when the stock price was $55.29. Since then, Edison International has gained 6.89% as of 08/11/2015's recent price of $59.10.
If you would have followed the previous Deutsche Bank's recommendation on EIX, you would have gained 6.89% of your investment in 501 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).

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/11/2015 12:25 PM Hold
None
59.10 62.00
as of 8/27/2015
1 Week   
1 Month up  2.55 %
3 Months down  -1.08 %
1 YTD up  27.64 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/28/2014 12:00 AM Buy
None
55.29 58.00
6/19/2013 1:25 PM Buy
None
47.56 52.00
4/17/2013 1:25 PM Buy
None
51.42 55.00
12/18/2012 1:25 PM Buy
None
45.69 51.00
8/8/2011 1:25 PM Buy
None
34.26 43.00
12/2/2009 8:25 AM Buy
None
34.60 37.00

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