Jefferies Cuts Edison International (EIX) to Sell on Unpriced Eaton Fire Liability
Jefferies cut Edison International (EIX) to a Sell-equivalent rating, citing that Eaton fire liabilities are not priced into the stock
Key points
- Jefferies cuts Edison International (EIX) to Sell, citing unpriced Eaton fire liability exposure
- California legislature special session to address wildfire liability is unlikely, per Jefferies
- EIX faces PG&E-style liability overhang without legislative relief for Eaton fire costs
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