UPDATE: BMO Capital Markets Upgrades Edison International to Outperform on EPS Visibility
February 28, 2013 at 08:58 AM EST
BMO Capital Markets upgraded Edison International (NYSE: EIX ) from Market Perform to Outperform and raised the price target from $47.00 to $56.00. BMO Capital Markets commented, "With the rate case recently completed and EME (deregulated generation subsidiary) in Chapter 11 proceeding, EIX is now a largely regulated utility. Management