Jefferies downgraded Southern Company (SO) to Hold from Buy with a price target of $103, down from $114. The firm says Georgia Public Service Commission election is a “resounding” Republican loss, which materially increases the risk profile for Southern Company. Shifting political tides call into question the company’s earnings acceleration and its “defensive profile,” the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SO:
- Southern Company Q3 2025 Earnings Call Highlights
- Southern Company price target raised to $97 from $95 at Mizuho
- The Southern Company Reports Strong Q3 2025 Earnings
- Southern Company sees FY25 adjusted EPS $4.30, at top end of guidance range
- Southern Company says has solidified $7B of $9B equity need