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EIX
Benzinga
216 days

Stock Of The Day: Time To Buy Edison International?

1. Ladenburg Thalman upgraded EIX from Sell to Neutral, signaling potential recovery. 2. Recent sell-off attributed to Los Angeles fires affecting revenue opportunities. 3. Legal concerns arise from a lawsuit alleging Edison caused the fire. 4. EIX has established strong technical support at the $55 level since October 2020.

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FAQ

Why Bullish?

The upgrade from Sell to Neutral generally indicates improved market sentiment.

How important is it?

Recent upgrades and historical support level indicate significant upward potential.

Why Short Term?

Immediate effects on trading due to upgraded ratings and recent sell-off recovery signals.

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