Guggenheim raised Southern Company's price target from $93 to $97, maintaining a buy rating.
Guggenheim raised Southern Company’s price target from $93 to $97, maintaining a buy rating. Other analysts, including Goldman Sachs and JPMorgan, also increased their targets, while Wolfe Research downgraded the stock. Southern reported Q2 earnings of $1.10 per share, surpassing estimates. Its stock opened at $90.31, with a consensus hold rating and target of $88.27. The company has a 3.19% dividend yield, and about 64% of shares are held by institutional investors.
October 06, 2024
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