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Analysts Conflicted on These Utilities Names: IdaCorp (IDA) and Southern Co (SO)

Tipranks - Sat Feb 21, 6:44AM CST

Analysts have been eager to weigh in on the Utilities sector with new ratings on IdaCorp (IDAResearch Report) and Southern Co (SOResearch Report).

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IdaCorp (IDA)

In a report released today, Anthony Crowdell from Mizuho Securities maintained a Buy rating on IdaCorp, with a price target of $148.00. The company’s shares closed last Thursday at $138.30.

According to TipRanks.com, Crowdell is a 5-star analyst with an average return of 6.7% and a 68.8% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners, American Electric Power, and Edison International. ;'>

IdaCorp has an analyst consensus of Moderate Buy, with a price target consensus of $140.00, implying a -3.0% downside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $153.00 price target.

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Southern Co (SO)

Scotiabank analyst Andrew Weisel maintained a Hold rating on Southern Co today and set a price target of $103.00. The company’s shares closed last Thursday at $95.05.

According to TipRanks.com, Weisel is a 4-star analyst with an average return of 8.4% and a 70.0% success rate. Weisel covers the Utilities sector, focusing on stocks such as Consolidated Edison, Talen Energy Corp, and Eversource Energy. ;'>

Southern Co has an analyst consensus of Hold, with a price target consensus of $91.91, implying a -3.8% downside from current levels. In a report released today, Wells Fargo also upgraded the stock to Hold with a $96.00 price target.

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