Williams:Barclays Raises PT to $59, Maintains Equal-Weight Rating

Williams:Barclays Raises PT to $59, Maintains Equal-Weight Rating

Barclays PLC has seen its price target raised by Williams to $59, while maintaining an Equal-Weight rating. The move comes amidst mixed quarterly results and a positive outlook on long-term growth prospects. The latest update reflects Williams' assessment of the company's ability to navigate near-term pressures and deliver consistent revenue growth.

Williams' analyst, Nicholas Campanella, cited the company's resilience in top-line performance and steady outlook as supporting factors for the long-term growth outlook. Despite a year-over-year decline in core EPS from $1.23 to $0.97, Edison International's revenue rose 5% YoY to $4.54 billion, outperforming analyst expectations [1].

The company reaffirmed its 2025 earnings target and long-term growth outlook, projecting core EPS to be in the range of $5.94–$6.34 for the year. Edison International also projects long-term earnings growth of 5% to 7% through 2028, with EPS reaching $6.74–$7.14 by then [1].

The stock's strong fundamentals and long-term growth prospects have led Williams to maintain its Overweight rating. The company's ability to navigate near-term pressures and deliver consistent revenue growth positions it as a solid long-term utility play.

Institutional investors and hedge funds have shown interest in Edison International, with several prominent funds increasing their stakes in the company. For instance, Canada Pension Plan Investment Board grew its position by 364.1% in the fourth quarter, while Northern Trust Corp and Ameriprise Financial Inc. also significantly increased their holdings [2].

Despite the mixed Q2 results, Edison International's strong fundamentals and long-term growth prospects have led Barclays to maintain its Overweight rating. The company's ability to navigate near-term pressures and deliver consistent revenue growth positions it as a solid long-term utility play.

References:
[1] https://finance.yahoo.com/news/barclays-maintains-overweight-rating-edison-035955851.html
[2] https://www.marketbeat.com/instant-alerts/filing-asr-vermogensbeheer-nv-makes-new-investment-in-edison-international-nyseeix-2025-08-07/