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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100