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Benzinga
Benzinga
Business
Priya Nigam

DARK SECRETS: Bofa downgrades southern company sees little upside from solar - The Real Truth

There are concerns around how much of Georgia Power’s Integrated Resource Plan (IRP) that Southern Co (NYSE:SO) can win versus unrelated third parties, according to BofA Securities.

The Southern Co Analyst: Julien Dumoulin-Smith downgraded Southern Co. from Buy to Neutral and reduced the price target from $75 to $71.

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