The Alliant Energy Corporation (NASDAQ:LNT) recently underperformed in the marketplace. Nevertheless, with anticipated EPS Growth, Alliant Energy draws interest from investors, which is compounded by the recent upgrade to a 'Buy' rating. A new 52-Week High at $56.79 and continued growth expectations put Alliant in a favorable position. Recognition from TIME as one of the Best Mid-Size Companies in America further boosts its status, however, its shares were seen being sold by Vanguard Group Inc. and ProShare Advisors LLC.
Despite these movements, multiple firms including Natixis, Orion Portfolio Solutions and MQS Management have bought substantial amounts of Alliant shares and showing trust in the company's future. Alliant recently declared a quarterly common stock dividend and its Second Quarter 2024 Earnings Release and Conference Call is upcoming. The consensus Alliant share price target is $51.63, suggesting its current higher market price may be inflated. Despite this, the firm retains significant support from institutional investors holding nearly 80% of the company.
Alliant Energy Stocks LNT News Analytics from Fri, 21 Dec 2012 08:00:00 GMT to Fri, 26 Jul 2024 20:15:32 GMT - Rating -1 - Innovation 3 - Information 8 - Rumor 5
