Morgan Stanley Maintains Underweight on Southern, Lowers Price Target to $85
Morgan Stanley analyst Stephen Byrd maintains Southern (NYSE:SO) with a Underweight and lowers the price target from $89 to $85.
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Georgia Power Receives Georgia Public Service Commission Approval For 1,137 Megawatts Of New Solar Power Purchase Agreements
Georgia Power has received approval from the Georgia Public Service Commission (PSC) for 1,137 megawatts (MW) of new solar power purchase agreements (PPAs) through the CARES 2023 and CARES 2025 request for proposals
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If a Stock Market Correction Is Coming, History Says This ETF Has Always Protected Long-Term Investors
Vanguard's Utilities ETF (VPU) is recommended as a defensive investment option during potential market corrections. Unlike the S&P 500, utilities stocks typically outperform during bear markets due to their stable, income-generating nature. VPU holds 68 utility companies and delivered a 1% return during the 2022 market downturn when the S&P 500 fell 25%, offering investors a safer alternative with a 2.71% SEC yield.