The Southern Company (SO) has been downgraded by Goldman Sachs from ‘Buy’ to ‘Neutral’, with a reduced price target of $98 due to recent political changes in Georgia affecting the stock’s valuation. Jefferies also downgraded SO from ‘Buy’ to ‘Hold’, citing increased risk after Republican losses in the same election. Despite mixed third-quarter results, SO beat profit estimates and declared a quarterly dividend of $0.74 per share on October 20.

Read more at Yahoo Finance: The Southern Company (SO) Downgraded by Goldman Sachs