BofA raised the firm’s price target on Southern Company (SO) to $102 from $99 and keeps a Neutral rating on the shares. The firm expects Southern to report Q3 operating earnings of $1.50, versus consensus expectations of $1.52 per share, expects the company to reaffirm its 2025 EPS guidance of $4.20-$4.30, the analyst tells investors in a preview.
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 Hold Rating: Balancing Earnings Expectations and Strategic Updates
- Duke, AEP, Southern, AES, AMD: Trending by Analysts
- Southern Company price target raised to $104 from $100 at UBS
- Cautious Hold on Southern Co: Balancing Growth Potential with Valuation Concerns
- Southern Company initiated with an In Line at Evercore ISI