Mizuho Downgrades Southern to Neutral, Maintains Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell has downgraded Southern Company (NYSE:SO) from Outperform to Neutral, while maintaining the price target at $90.
September 16, 2024 | 1:13 pm
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Mizuho has downgraded Southern Company from Outperform to Neutral, indicating a less optimistic view on the stock's performance. The price target remains at $90.
The downgrade from Outperform to Neutral suggests that the analyst sees less potential for the stock to outperform the market in the near term. Maintaining the price target at $90 indicates that the analyst does not expect significant price movement beyond this level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100