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Fly News Breaks for June 4, 2019
SO
Jun 4, 2019 | 17:07 EDT
KeyBanc analyst Sophie Karp started Southern Company with a Sector Weight, saying that while the stock is trading at a "sizable discount" relative to its peer group average, the company faces "regulatory turnover and sizable rate cases" in three of its jurisdictions. Karp believes that Southern Company shares offer "limited potential for multiple expansion" in the near term.
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