JP Morgan Maintains Underweight on Southern, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Turnure maintains an Underweight rating on Southern (NYSE:SO) and lowers the price target from $73 to $69.
June 08, 2023 | 3:15 pm
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JP Morgan analyst maintains Underweight rating on Southern (NYSE:SO) and reduces price target from $73 to $69.
The lowered price target by JP Morgan analyst Christopher Turnure indicates a bearish outlook on Southern's stock. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100