Morgan Stanley Maintains Equal-Weight on Southern, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Southern Company (NYSE:SO) but lowers the price target from $74 to $71.
June 24, 2024 | 4:20 pm
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Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Southern Company but lowers the price target from $74 to $71.
The maintenance of the Equal-Weight rating suggests a neutral stance, while the lowered price target indicates a slightly less optimistic outlook. This could result in a neutral to slightly negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100