Edison International Reaches Analyst Target Price
July 19, 2019 at 08:29 AM EDT
In recent trading, shares of Edison International (EIX) have crossed above the average analyst 12-month target price of $70.50, changing hands for $70.78/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..