Scotiabank Maintains Sector Outperform on Southern, Raises Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andrew Weisel has maintained a Sector Outperform rating on Southern Company (NYSE:SO) and raised the price target from $87 to $96.
August 20, 2024 | 1:54 pm
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POSITIVE IMPACT
Scotiabank has maintained a Sector Outperform rating on Southern Company and increased the price target from $87 to $96, indicating positive expectations.
The increase in price target from $87 to $96 by Scotiabank suggests a positive outlook for Southern Company, likely leading to a short-term increase in stock price. The maintained Sector Outperform rating reinforces this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100