Alliant Energy (NASDAQ:LNT) is achieving recognition as a consistent grower and a potentially good investment bet due to its involvement in renewable expansion and investments. The company has been named one of the Best Mid-Size Companies in America by TIME and is favoured by institutional owners who hold 80% of its stocks. Several changes have recently occurred such as Assenagon Asset Management and the New York State Teachers Retirement System cutting their stakes, while Gateway Investment Advisers and Cetera Investment Advisers have trimmed their stock positions. Nevertheless, SG Americas Securities, Westwood Holdings Group and Wedge Capital Management have increased their shares in Alliant. There are also some concerns about Alliant's strained balance sheet. Despite this, Scotiabank has twice increased the company's price target to $64.00, while LADENBURG THALM/SH SH have boosted the stock to a 'Buy' rating. The stock's second quarter earnings for 2024 did not meet expectations, but not all shareholders are in the red. The impending retirement of its executive chairman in 2025 could impact the company. Alliant Energy is expecting continued growth; however, some feel it may be overpriced.
Alliant Energy Stocks LNT News Analytics from Wed, 10 Oct 2012 07:00:00 GMT to Sun, 25 Aug 2024 09:03:32 GMT -
Rating 1
- Innovation -2
- Information 6
- Rumor -4
