UPDATE: Jefferies Lowers PT on Edison International on Lowered 2015 EPS Estimate
June 03, 2013 at 10:28 AM EDT
In a report published Monday, Jefferies analyst Paul B. Fremont reiterated an Underperform rating on Edison International (NYSE: EIX ) and lowered the price target from $43.00 to $40.50. In the report, Jefferies noted, “Jefferies is projecting roughly 100 basis points of downside exposure in a final FERC decision on