B of A Securities Maintains Neutral on Southern, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith maintains a Neutral rating on Southern Company (NYSE:SO) and raises the price target from $70 to $73.
April 23, 2024 | 4:03 pm
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B of A Securities maintains a Neutral rating on Southern Company and raises the price target from $70 to $73.
The increase in price target by B of A Securities suggests a positive outlook on Southern Company's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of modest stock performance improvement, likely due to anticipated company developments or market conditions that could favor Southern Company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100