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Southern Company price target raised to $73 from $70 at BofA

BofA analyst Paul Cole raised the firm’s price target on Southern Company to $73 from $70 and keeps a Neutral rating on the shares. The firm, which forecasts Q1 EPS of 90c, matching consensus and guidance for the quarter, is updating its EPS estimates for 2024, 2025 and 2026 to $4.00, $4.30 and $4.56, respectively.

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