The
Alliant Energy Corporation (LNT) has seen a variety of activities that have had an impact on the stock's performance. Institutional investors currently hold
80% of the company's shares, reflecting a high level of trust in the company. Additionally, organizations such as the
British Columbia Investment Management Corp,
Dark Forest Capital Management LP, and
Decade Renewable Partners LP have increased their position in Alliant Energy. The company has hit multiple
52-week highs, demonstrating strong performance amidst robust growth. Notably, the company’s target price was raised to
$65. Despite this, however, Alliant Energy has demonstrated a degree of underperformance in the market, compared to its peers. The firm fell short of Q2 earnings and revenue estimates, and there have been concerns regarding the health of its balance sheet. Alliant Energy has also received a consensus recommendation of
'Moderate Buy' from brokerages, indicating an overall positive outlook. The company has announced its second quarter 2024 results and declared a quarterly common stock dividend, demonstrating an aim to distribute profits to its shareholders.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Sun, 29 Sep 2024 08:47:34 GMT -
Rating 2
- Innovation 4
- Information 7
- Rumor -6
