BMO Capital maintains Outperform on Southern, lowers target to $102

0 min read     Updated on 23 Jul 2026, 03:09 AM
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Radhika SScanX News Team
AI Summary

BMO Capital analyst James Thalacker has maintained an Outperform rating on Southern (NYSE: SO) while reducing the price target to $102 from the previous $105.

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BMO Capital analyst James Thalacker maintains an Outperform rating on Southern (NYSE: SO) and lowers the price target to $102 from $105. The adjustment reflects a revised valuation outlook while retaining a positive stance on the stock's performance potential.

Rating and Price Action

The firm's decision to maintain the Outperform rating suggests confidence in the company's relative strength despite the reduced price target. The lowered target indicates a recalibration of fair value estimates.

Metric Value
Rating Outperform
Previous Price Target $105
New Price Target $102

What specific factors led to the recalibration of Southern's fair value estimates?

How might the revised price target impact investor sentiment toward the utility sector?

What are the key growth drivers that support the Outperform rating despite the lower target?

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