Barclays Initiates Coverage On Southern with Equal-Weight Rating, Announces Price Target of $68
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Eric Beaumont has initiated coverage on Southern (NYSE:SO) with an Equal-Weight rating and a price target of $68.

August 23, 2023 | 9:34 am
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Barclays has initiated coverage on Southern with an Equal-Weight rating and a price target of $68.
The initiation of coverage by Barclays with an Equal-Weight rating suggests a neutral outlook for Southern's stock in the short term. The price target of $68 indicates where Barclays believes the stock will trade in the near future. This news is highly relevant to Southern as it directly pertains to the company's stock. The importance is moderate as analyst ratings can influence investor sentiment and stock price, but they are just one of many factors. The confidence in this analysis is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100