Morgan Stanley Maintains Equal-Weight on Southern, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on Southern (NYSE:SO) and lowered the price target from $69 to $66.
October 25, 2023 | 12:54 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Southern and lowered the price target from $69 to $66, which may impact the stock's performance.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Southern's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100