As the third quarter and second half kick off, Goldman Sachs is adding a new utility stock to its high-conviction stock list.
As the third quarter and second half open, Goldman Sachs is adding a key utility stock to its high-conviction stock list. Goldman added the Southern Company to its recently launched Conviction List- Directors' Cut, calling the Atlanta-based utility a top idea with "below average regulatory risk" and "uniquely positioned to provide above average clean energy growth.
mountain Apple shares in 2023 While declining poly-silicon prices contributed to souring sentiment on First Solar in recent months, Goldman continues to see an "attractive risk-reward and setup" into the second half, driven by capacity expansion and a September analyst day. The bank's price target suggests 43% upside for First Solar, on top of a 30% gain so far this year.
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