Reported about 12 hours ago
Edison International (EIX) has been upgraded from 'Sell' to 'Neutral' by Ladenburg Thalmann following a significant sell-off due to recent wildfires in Southern California. The company's affiliate, Southern California Edison (SCE), is currently under investigation for a potential connection to the wildfires. As EIX's stock rebounds nearly 5%, analysts are closely monitoring the situation and its broader implications for the utility and insurance sectors.
Source: YAHOO