UPDATE: Jefferies Downgrades The Southern Company to Hold on Updated Views
June 14, 2013 at 09:07 AM EDT
In a report published Friday, Jefferies analyst Paul B. Fremont downgraded the rating on The Southern Company (NYSE: SO ) from Buy to Hold, and lowered the price target from $53.50 to $46.00. In the report, Jefferies noted, “With the current investor focus over lower ROEs and cost overruns at
