Morgan Stanley Maintains Equal-Weight on Southern, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on Southern Company (NYSE:SO) and increased the price target from $66 to $67.

November 21, 2023 | 3:25 pm
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Morgan Stanley has maintained an Equal-Weight rating on Southern Company and raised the price target from $66 to $67.
The increase in price target by Morgan Stanley suggests a slightly more optimistic outlook on Southern Company's stock, which could lead to a modest positive short-term impact on the stock price. However, since the rating remains Equal-Weight, the impact may not be significant.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100