Goldman Sachs Downgrades Southern Co. (SO) to Sell

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July 25, 2011 7:31 AM EDT
Get Alerts SO Hot Sheet
Price: $92.80 +0.01%

Rating Summary:
    8 Buy, 18 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Southern Co. (NYSE: SO) from Neutral to Sell with a price target of $39.00.

The firm cited valuation and lowers is forecast on lower demand and rate increases.

For more ratings news on Southern Co. click here and for the rating history of Southern Co. click here.

Shares of Southern Co. closed at $40.58 yesterday.

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