Initiated In-line X

SO Southern

Evercore ISI

$103

Downgrades Sec Outperform Sec Perform X

SO Southern

Scotiabank

$99

Initiated Outperform X

SO Southern

Raymond James

$98

Upgrades Hold Buy X

SO Southern

Jefferies

$100

Downgrades Sec Weight Underweight X

SO Southern

KeyBanc Capital Markets

$78

Upgrades Underweight Neutral X

SO Southern

JP Morgan

$94

Downgrades Buy Neutral X

SO Southern

Guggenheim

Initiated Hold X

SO Southern

Jefferies

$94

Downgrades Outperform Neutral X

SO Southern

Mizuho

$90

Downgrades Buy Neutral X

SO Southern

UBS

Upgrades Mkt Perform Outperform X

SO Southern

BMO Capital Markets

$72 $77

Initiated Buy X

SO Southern

Citigroup

$82

Downgrades Sec Outperform Sec Perform X

SO Southern

Scotiabank

$78

Upgrades Sec Perform Sec Outperform X

SO Southern

Scotiabank

$78

Upgrades Underperform Neutral X

SO Southern

BofA Securities

Initiated Equal Weight X

SO Southern

Barclays

$68

Upgrades Underweight Eq-Weight X

SO Southern

Morgan Stanley

$60 $69

Initiated Buy X

SO Southern

Ladenburg Thalmann

$72

Initiated Buy X

SO Southern

Goldman

$80

Upgrades Neutral Buy X

SO Southern

Mizuho

$72 $77

Downgrades Overweight Sec Weight X

SO Southern

KeyBanc Capital Markets

Upgrades Peer Perform Outperform X

SO Southern

Wolfe Research

$76

Downgrades Neutral Underperform X

SO Southern

BofA Securities

$63 $59

Upgrades Sec Weight Overweight X

SO Southern

KeyBanc Capital Markets

$70

Upgrades Neutral Buy X

SO Southern

UBS

$76 $87

Initiated Underperform X

SO Southern

Credit Suisse

$77

Downgrades Overweight Sec Weight X

SO Southern

KeyBanc Capital Markets

Downgrades Buy Neutral X

SO Southern

BofA Securities

$75 $71

Downgrades Overweight Eq Weight X

SO Southern

Wells Fargo

$73 $72

Upgrades Underperform In-line X

SO Southern

Evercore ISI

$66

Downgrades Sec Outperform Sec Perform X

SO Southern

Scotiabank

Upgrades Neutral Outperform X

SO Southern

Credit Suisse

$61 $68

Downgrades In-line Underperform X

SO Southern

Evercore ISI

Upgrades Neutral Buy X

SO Southern

BofA Securities

$64

Upgrades Underperform In-line X

SO Southern

Evercore ISI

Upgrades Sell Neutral X

SO Southern

Citigroup

Upgrades Underperform Neutral X

SO Southern

BofA/Merrill

Downgrades Overweight Eq Weight X

SO Southern

Barclays

$51 $48

Downgrades Neutral Underperform X

SO Southern

Credit Suisse

Downgrades In-line Underperform X

SO Southern

Evercore ISI

Downgrades Neutral Sell X

SO Southern

Citigroup

Resumed Sector Perform X

SO Southern

Scotia Howard Weil

Downgrades Buy Hold X

SO Southern

Deutsche Bank

$48

Upgrades Sell Neutral X

SO Southern

Citigroup

Reiterated Underweight X

SO Southern

Morgan Stanley

$48 $44

SO  Southern Company (The)

The Southern Company (Southern Company) is a holding company. The Company owns all of the stock of the traditional electric operating companies and the parent entities of Southern Power Company (Southern Power) and Southern Company Gas, and owns other direct and indirect subsidiaries. The Company's segments include Gas distribution operations, Gas marketing services, Wholesale gas services, Gas midstream operations and All other. The Gas distribution operations segment includes natural gas local distribution utilities that construct, manage, and maintain intrastate natural gas pipelines and gas distribution facilities in seven states. The Gas marketing services segment provides natural gas commodity and related services to customers markets that provide for customer choice. The Wholesale gas services segment engages in natural gas storage and gas pipeline arbitrage. The Gas midstream operations consist primarily of gas pipeline investments, with storage and fuels.