Barclays Maintains Equal-Weight on Southern, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella has maintained an Equal-Weight rating on Southern Company (NYSE:SO) and increased the price target from $65 to $66.

April 15, 2024 | 12:47 pm
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Barclays maintains an Equal-Weight rating on Southern Company and raises the price target from $65 to $66.
The decision by Barclays to maintain an Equal-Weight rating but increase the price target for Southern Company suggests a positive outlook on the company's future performance, albeit with a cautious stance. This adjustment in the price target reflects an expectation of modest stock appreciation, which could influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100