Wells Fargo Maintains Equal-Weight on Southern, Raises Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton maintains an Equal-Weight rating on Southern Company (NYSE: SO) and raises the price target from $77 to $89.
August 02, 2024 | 6:18 pm
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POSITIVE IMPACT
Wells Fargo analyst Neil Kalton maintains an Equal-Weight rating on Southern Company and raises the price target from $77 to $89.
The raised price target from $77 to $89 by Wells Fargo suggests a positive outlook for Southern Company, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100