Raymond James Raises its Price Target on Southern Company (SO) to $104

The Southern Company (NYSE:SO) is one of the 15 Best Power Generation Stocks To Buy For Data Center Demand. On May 1, 2026, Raymond James raised its price target on The Southern Company (NYSE:SO) to $104 from $103 and maintained an Outperform rating. The firm said Southern continues to execute well, supported by strong demand visibility, a large contracted load pipeline, and an $81B regulated capital expenditure plan expected to drive 9% rate base growth through 2030. Raymond James also pointed to improvi ...

Raymond James Raises its Price Target on Southern Company (SO) to $104 - Reportify