Wells Fargo Downgrades Edison International to Underweight with $59 Price Target
ByAinvest
Tuesday, Jan 20, 2026 4:10 pm ET1min read
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Edison International was downgraded to Underweight from Equal Weight by Wells Fargo, citing Eaton Fire liability overhang and uncertainty around California liability construct. The utility's stock price fell 3.9% on Tuesday. Meanwhile, Public Service Enterprise Group was upgraded to Equal Weight from Underweight.
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