02:55 PM EDT, 08/04/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target by $1 to $48, 7.9x our 2026 EPS estimate, a wide discount to peers to reflect weaker near-term EPS growth expectations and indications of a more challenging regulatory environment in California. We think the most notable risk and overhang potential liabilities and regulatory fallout from the recent Eaton Fire, in our view. We lower our 2025 EPS estimate by $0.01 to $6.06 and lower our 2026 EPS estimate by $0.02 to $6.11. The proposed 2025-2028 multi-year rate case order supported rate base growth within EIX's expectations, but the company intends to seek approval for more expansive wildfire-related investments as the rate case moves towards its conclusion. We could see a final order in the coming weeks. Shares yield 6.2% based on next-12-month projected dividends.