The Southern Company rises after six straight sessions of decline
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The Southern Company (SO) rose 0.77% to $84.73 after six sessions of decline, following an upgrade to Buy by analyst Narek Hovhannisyan. The upgrade was based on better-than-expected Q3 results and positive Q4 outlook, driven by increased energy consumption from data centers. Despite a Hold rating from analysts, the stock is seen as a good buy due to potential growth from the data center boom.
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