Edison International Reaches $82.5M Settlement Over Bobcat Fire, Analysts Forecast 21.29% Upside

Edison International (EIX) has agreed to an $82.5 million settlement with the US Forest Service over the 2020 Bobcat Fire. Analysts forecast an average price target of $68.70 for Edison International, with potential upside of 21.29%. GuruFocus estimates a GF Value of $77.41, indicating a potential 36.67% increase from current prices. The settlement resolves claims related to the 2020 Bobcat Fire and Edison has not admitted to any liability.