Southern Co
SO: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$22.00 | Qbcggc | Bzmhndbvms |
Georgia Rate Settlement Supports Southern's Growth Plan
We are reaffirming our near-term and long-term outlooks for Southern Company after Georgia regulators on Dec. 20 approved a settlement to raise customers' electric rates in the state, the company's largest service territory. We consider the settlement a constructive outcome for investors. We are also reaffirming our narrow moat and stable moat trend ratings.