Ritholtz Reiterates Buy on Toast, Price Target Lowered to $48
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2026
0mins
Source: Benzinga
- Buy Rating Reaffirmed: Ritholtz Wealth Management CEO Joshua Brown reiterated his buy rating on Toast, Inc. during CNBC's Halftime Report, indicating a positive outlook on the stock's price action on Tuesday, which reflects confidence in the company.
- Analyst Price Target Adjustment: Oppenheimer analyst Rayna Kumar lowered the price target for Toast from $49 to $48 while maintaining an Outperform rating, indicating a cautious sentiment in the market regarding the stock's performance.
- Southern Company Earnings Preview: Southern Company is set to report its fourth-quarter results on February 19, with analysts expecting earnings of 57 cents per share on revenue of $6.41 billion, highlighting the company's stability in the utility sector.
- ETF Market Performance: The iShares Expanded Tech-Software Sector ETF fell 2.4% on Tuesday, reflecting market concerns about the software industry, although SoFi's head of investment strategy Liz Thomas believes this selloff is undue and that the software sector still has opportunities this year.
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Analyst Views on SO
Wall Street analysts forecast SO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SO is 92.34 USD with a low forecast of 45.00 USD and a high forecast of 109.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
4 Buy
11 Hold
2 Sell
Hold
Current: 89.140
Low
45.00
Averages
92.34
High
109.00
Current: 89.140
Low
45.00
Averages
92.34
High
109.00
About SO
The Southern Company is an energy provider. The Company owns three traditional electric operating companies, Southern Power Company and Southern Company Gas. The traditional electric operating companies-Alabama Power, Georgia Power and Mississippi Power-are operating public utility companies providing electric service to retail customers in three Southeastern states in addition to wholesale customers in the Southeast. The Southern Power Company develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The Southern Company Gas is an energy services holding company whose primary business is the distribution of natural gas in four states - Illinois, Georgia, Virginia, and Tennessee, through the natural gas distribution utilities. Southern Company Gas is also involved in several other businesses that are complementary to the distribution of natural gas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Southern Company Declares Quarterly Dividend of 74 Cents
- Dividend Declaration: Southern Company has announced a quarterly dividend of 74 cents per share, payable on March 6, 2026, to shareholders of record as of February 17, 2026, reflecting the company's strong cash flow and profitability.
- 78 Years of Consistent Dividends: The company has paid dividends for 78 consecutive years, with each quarter's dividend being equal to or greater than the previous quarter, demonstrating robust financial stability and commitment to shareholders.
- Extensive Customer Base: Serving 9 million customers across the Southeast and beyond, Southern Company operates in multiple sectors including electricity, natural gas, and telecommunications, enhancing its market competitiveness and business diversification.
- Employee Commitment: With 28,000 employees dedicated to exceptional service, the company ensures that customer needs are prioritized, driving sustained success and growth.
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