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Southern Co. (SO) PT Raised to $56 at Jefferies; Reiterates Buy

September 12, 2017 7:13 AM EDT

Jefferies raised its price target on Southern Co. (NYSE: SO) to $56.00 (from $55.00) while maintaining a Buy rating. Analyst Anthony Crowdell believes that Southern will be able to sell the Toshiba receivable for approximately $0.85 on the dollar and spread out their equity needs. 2018-2020 EPS... More