Friday Jul 25
Will Edison International (EIX) Stock Be Positively Affected By This Ratings Upgrade?
The firm said it raised its rating on the public utilities company based on Edison's ability to generate strong cash flow.
Friday Jul 25
Edison International upgraded to Buy from Hold at Argus
Edison International upgraded to Buy from Hold at Argus Argus upgraded Edison International to Buy based on valuation, strong cash flow, the retirement of the San Onofre nuclear plan and is positive that the loss-ridden Edison Mission Energy business is not longer part of the portfolio.
Southern California Edison , an Edison International company, is one of the nation's largest investor-owned utilities.
S&P 500 Analyst Moves: EIX
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Edison International is now the #18 analyst pick, moving up by 1 spot.
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SolarCity Is in for a Giant Solar Fight
However, the fact that solar growth has been concentrated in just five states is bringing the impact of solar's growth to the fore more quickly than the nascent industry might like.
Edison International Given Average Recommendation of "Buy" by Analysts
Shares of Edison International have received an average rating of "Buy" from the fifteen brokerages that are presently covering the stock, Analyst Ratings Network.com reports .
Tuesday Sector Leaders: Utilities, Energy
Looking at the sectors faring best as of midday Tuesday, shares of Utilities companies are outperforming other sectors, up 0.6%.
Movers & Shakers: Groupon gets upgrade; Tesla sued in China
The stock is up 23% for the year. : The stock, rated at hold by Wunderlich Securities, was left off Wunderlich analysts' favorite list for the second half of the year.
Tuesday Sector Leaders: Electric Utilities, Gas Utilities
In trading on Tuesday, electric utilities shares were relative leaders, up on the day by about 0.4%.
Markets Tumble; AbbVie Raises Offer For Shire
Following the market opening Tuesday, the Dow traded down 0.56 percent to 16,929.52 while the NASDAQ tumbled 0.89 percent to 4,411.91.