Truist Cuts Price Targets Across Three Regulated Utilities on Policy Risk
Edison International, Entergy and Duke Energy all saw target cuts in the same day, with wildfire liability and regulatory timing cited as the common threads.
Truist lowered price targets on Edison International, Entergy and Duke Energy on the same day, citing wildfire policy uncertainty for Edison and regulatory timing or outlook concerns for Entergy and Duke, with Entergy's new target set at $119.
MARKET REPORTBEARISH