Jefferies Downgrades Edison International on Rising Wildfire Liability Risks

Key Facts

1Jefferies downgraded Edison International from Hold to Underperform and reduced its price target from $53 to $42.

2The downgrade is driven by increased fire liability exposure and a lack of legislative relief progress after the September deadline passed.

Jefferies downgraded Edison International from Hold to Underperform and reduced its price target from $53 to $42. According to Investing.com Canada, the rating cut is driven by increased exposure to wildfire liabilities and a lack of legislative progress following the passing of a key September deadline.

EIX closed at $53.80 on October 1, 2026, having traded between a low of $52.72 and a high of $54.13 during that session. The downgrade reflects concerns over unpriced fire liabilities and the potential for near-term criminal charges against the utility provider.