Edison International (EIX) is among the 11 Best Utility Stocks to Invest in According to Hedge Funds. Morgan Stanley analyst David Arcaro lowered the price target on EIX from $64 to $59 but maintained an ‘Underweight’ rating. JPMorgan also reduced its price target from $67 to $65, with a ‘Neutral’ rating. On December 11, EIX raised its quarterly dividend by 6% to $0.8775 per share. The stock offers an annual dividend yield of 6.02%. Despite the potential of EIX as an investment, certain AI stocks may have greater upside potential and lower downside risk. Investors are encouraged to explore other opportunities in the market.

Read more at Yahoo Finance: Edison International (EIX) Price Targets Reduced Amid Cautious Outlook for the Utility Sector