Jefferies & Co Downgrades Edison International (EIX) to Hold; Valuation Call

June 25, 2009 8:27 AM EDT

Jefferies & Co downgrades Edison International (NYSE: EIX) from Buy to Hold. Price target lowered $1 to $33.

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Edison International is engaged in the business of becoming the parent holding company of Southern California Edison Company (SCE), a California public utility corporation, and of nonutility companies.


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