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Cowen Maintained Buy on SO The Southern Company, PT $112 Mar 2026
Cowen & Co. reaffirmed its Buy rating on The Southern Company (SO) and increased its price target to $112 on March 6, 2026, indicating continued confidence in the utility’s regulated cash flows and investment plans. This price target exceeds the MarketWatch average of $101.14 from 21 analysts, positioning Cowen as more bullish. The article notes that while the maintained Buy rating signals analyst support, the immediate market reaction was modest at +0.28%, suggesting the information was largely anticipated.