Utilities' Slowdown Looms Large as Morgan Stanley Lowers Southern Company Target Morgan Stanley's latest update on The Southern Company's (SO) valuation has generated significant attention in the investment community.
Analyst David Arcaro lowered his price target for SO to $87 from $92, a decision that highlights even stalwart utility stocks' vulnerability to shifting economic conditions.
The Southern Company's status as one of the 10 High Yield Stocks for Lasting Retirement Income is well deserved, with its 3. 22% annual dividend yield making it an attractive option for income seeking investors.