Morgan Stanley Reiterates Underweight on Southern, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has reiterated an 'Underweight' rating on Southern (NYSE:SO) and maintained a $60 price target.
July 21, 2023 | 3:07 pm
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Morgan Stanley has reiterated an 'Underweight' rating on Southern (NYSE:SO), maintaining a $60 price target.
The 'Underweight' rating from Morgan Stanley suggests that they expect Southern's stock to underperform compared to other stocks in the market. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100