Edison Int'l (NYSE:EIX) upgraded to Buy, $37.50 target, at Jefferies. The stock closed yesterday at $33.78 on volume of 2,180,658 shares, above average daily volume of 2,035,874.
Edison International is currently below its 50-day moving average of $34.04 and should find support at its 200-day moving average of $32.95.
SmarTrend is bearish on shares of EIX and our subscribers received a Downtrend alert on January 25, 2010 at $34.07, which has returned 0.9% to date.
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Ticker(s): EIX