Analysts Reduce Respective Price Targets on The Southern Company (SO)

The Southern Company (NYSE:SO) is included among the 11 Best Utility Stocks to Invest in According to Hedge Funds.

The Southern Company (NYSE:SO) is one of the largest producers of electricity in the United States and the largest wholesale provider in the Southeast. Together with its subsidiaries, the company delivers clean, safe, reliable, and affordable energy to its 9 million customers.

On December 17, UBS lowered its price target on The Southern Company (NYSE:SO) from $98 to $94, while maintaining a ‘Neutral’ rating on the shares. The adjusted price target still represents an upside potential of over 7% from the current share price.

The Southern Company (NYSE:SO) also received a blow earlier on December 16 when Morgan Stanley downgraded the stock from ‘Equal Weight’ to ‘Underweight’, as part of the analyst firm’s 2026 outlook for the utilities sector. Morgan Stanley also reduced its price target for SO from $97 to $81. The analyst noted that the utility sector’s performance will be driven by data centers and growth upside next year and cautioned investors to avoid stocks that carry a high regulatory and political risk, given that 2026 is an election year.

JP Morgan also trimmed its price target on The Southern Company (NYSE:SO) from $104 to $93 on December 15, as part of the firm updating the company’s model. However, the analyst firm maintained its ‘Neutral’ rating on the shares.

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Disclosure: None.