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Southern Company price target raised to $102 from $99 at BofA

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.

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