Morgan Stanley Maintains Equal-Weight on Southern, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on Southern (NYSE:SO) and raised the price target from $67 to $69.
September 21, 2023 | 1:13 pm
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Morgan Stanley has maintained an Equal-Weight rating on Southern and raised the price target from $67 to $69. This could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Southern. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
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