Morgan Stanley Downgrades The Southern Company (SO) From Equal Weight To Underweight
Group 1 - The Southern Company (NYSE:SO) is currently considered one of the 8 most profitable utility stocks to buy [1] - Morgan Stanley downgraded The Southern Company from Equal Weight to Underweight, reducing its price target from $97 to $81, citing political and regulatory risks as a concern for investors [2] - UBS and JPMorgan both lowered their price targets for The Southern Company, with UBS reducing it from $98 to $94 and JPMorgan from $104 to $93, while maintaining neutral ratings [3] Group 2 - The Southern Company is one of the largest utilities in the United States, but there are opinions suggesting that certain AI stocks may offer greater upside potential with less downside risk [4]