TD Cowen analyst Shelby Tucker raised the firm’s price target on Southern Company (SO) to $45 from $44 and keeps a Buy rating on the shares. The firm views the settlement as a positive for the company, highlighting both the continued constructive nature of Georgia’s PSC and the focus placed on bill affordability given the terms of the settlement. The PSC is scheduled to vote on final approval December 19, 2025.
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Read More on SO:
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- Southern Company price target lowered to $97 from $99 at Morgan Stanley