Morgan Stanley Upgrades Southern to Equal-Weight, Raises Price Target to $69
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Stephen Byrd has upgraded Southern (NYSE:SO) from Underweight to Equal-Weight and raised the price target from $60 to $69.

August 10, 2023 | 9:22 am
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Southern's stock has been upgraded by Morgan Stanley from Underweight to Equal-Weight, with a price target increase from $60 to $69.
The upgrade from Underweight to Equal-Weight by Morgan Stanley indicates a more positive outlook on the company's stock. The increase in price target from $60 to $69 suggests that the analyst sees potential for the stock's price to rise in the short term. This could have a positive impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100