Edison International (EIX) Tops Q1 EPS by 8c

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Edison International (EIX) PT Raised at Jefferies Amid 'Strong' Q1 Results

May 1, 2014 7:46 AM EDT

Jefferies analyst Paul Fremont bumped his price target on Buy-rated Edison International (NYSE: EIX) to $65.00 (from $64.50) following Q1 results with 1Q14 earnings of $0.90 versus consensus of $0.77.

Fremont commented, "The strong quarter result was driven by higher revenues, cost reduction and tax... More