The Southern Company (NYSE:SO) is among the 11 Best Utility Stocks to Invest in According to Hedge Funds. UBS lowered its price target from $98 to $94, while Morgan Stanley downgraded SO from ‘Equal Weight’ to ‘Underweight’ and reduced its price target from $97 to $81. JP Morgan also trimmed its price target from $104 to $93.

The Southern Company is a major electricity producer in the US, delivering energy to 9 million customers. Analysts have reduced price targets for SO, with UBS setting it at $94, Morgan Stanley at $81, and JP Morgan at $93. The utility sector’s performance will be influenced by data centers and growth next year, with analysts advising investors to avoid high regulatory and political risk stocks.

Despite potential, analysts have reduced price targets for The Southern Company (NYSE:SO). UBS set the target at $94, Morgan Stanley at $81, and JP Morgan at $93. The utility sector’s performance will be influenced by data centers and growth next year, with analysts advising investors to avoid high regulatory and political risk stocks.

Read more at Yahoo Finance: Analysts Reduce Respective Price Targets on The Southern Company (SO)