Morgan Stanley Maintains Equal-Weight on Southern, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Southern Company (NYSE:SO) and raises the price target from $78 to $82.
September 25, 2024 | 4:26 pm
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Morgan Stanley has maintained its Equal-Weight rating for Southern Company and increased the price target from $78 to $82, indicating a positive outlook.
The increase in price target from $78 to $82 by Morgan Stanley suggests a positive outlook for Southern Company, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a neutral stance, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100