JP Morgan Maintains Underweight on Southern, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet maintains an Underweight rating on Southern (NYSE:SO) but raises the price target from $80 to $87.
August 12, 2024 | 2:28 pm
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JP Morgan analyst Jeremy Tonet maintains an Underweight rating on Southern (NYSE:SO) but raises the price target from $80 to $87.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100