Ladenburg raised the firm’s price target on Southern Company to $73 from $72 and keeps a Buy rating on the shares. The analyst increased earnings estimates following the company’s “strong” Q4 results.
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Read More on SO:
- Southern Company files automatic mixed securities shelf
- Southern Company price target lowered to $65 from $67 at Barclays
- Southern Company sees LT adjusted EPS growth 5%-7% from 2024 EPS view
- Southern Company sees FY24 adjusted EPS $3.95-$4.05, consensus $4.00
- Southern Company reports fourth-quarter and full-year 2023 earnings