Scotiabank Upgrades Southern to Sector Outperform, Announces $78 Price Target
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andrew Weisel has upgraded Southern (NYSE:SO) from Sector Perform to Sector Outperform and announced a price target of $78.
October 16, 2023 | 2:02 pm
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POSITIVE IMPACT
Southern has been upgraded to Sector Outperform by Scotiabank with a price target of $78.
The upgrade from Scotiabank is a positive signal for Southern. It indicates that the analyst believes the company will outperform its sector, which could lead to an increase in the stock price. The price target of $78 also suggests that the analyst sees significant upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100