Southern Co (SO) Gets a Sell from Morgan Stanley
Morgan Stanley analyst David Arcaro maintained a Sell rating on Southern Co today and set a price target of $91.00.
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Arcaro covers the Utilities sector, focusing on stocks such as Vistra Corp, Pinnacle West Capital, and PG&E. According to TipRanks, Arcaro has an average return of 14.0% and a 65.20% success rate on recommended stocks.
In addition to Morgan Stanley, Southern Co also received a Sell from KeyBanc’s Sophie Karp in a report issued today. However, on the same day, BTIG maintained a Hold rating on Southern Co (NYSE: SO).
Based on Southern Co’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $7.82 billion and a net profit of $1.71 billion. In comparison, last year the company earned a revenue of $7.27 billion and had a net profit of $1.54 billion
Read More on SO:
Disclaimer & DisclosureReport an Issue
- Balancing Strong Long‑Term Growth with Valuation, Equity Needs, and Regulatory Risks: Why Southern Co. Merits a Hold Rating
- VYMI vs. VIGI vs. VPU: Which Vanguard Dividend ETF Is Best for Steady Passive Income?
- Southern Company: Strong Growth Outlook and Capital Expansion Offset by Heightened Execution and Regulatory Risks, Justifying Hold Rating
- Southern Co.: Raised Growth Ambitions and Capex Elevate Long-Term Potential but Keep Risk/Reward Balanced at Hold
- Wells Fargo upgrades Southern Company on higher earnings outlook
