Morgan Stanley Lowers Price Target for Southern Company (SO), Maintains Underweight Rating
Morgan Stanley has lowered its price target for Southern Company (SO) from $94 to $92 while maintaining an Underweight rating. The move comes as the firm updates its price targets for Regulated & Diversified Utilities and IPPs in North America. Meanwhile, Wells Fargo raised its price target for SO to $99.
Tickers: $SO
Topics: Morgan Stanley price target rating change Southern Company stock analysis