Alliant Energy Corporation (LNT), a well-renowned utility provider, is driving significant interest in the stock market with its recent performance. Analysts at Mizuho have boosted their price target for the company to $61.00. The move comes along the tailwinds of the stock recently reaching a 52-week high of $61.05, confirmed by Investing.com. A staggering 80% of the shares are owned by institutional investors, contributing to LNT's weight in the marketplace.
Second quarter results for 2024 have been announced, providing valuable insight into the company's current financial status. Despite the growth, LNT lagged behind Q2 earnings and revenue estimates. Several other institutional investors, including The Manufacturers Life Insurance Company and DARK FOREST CAPITAL MANAGEMENT LP, have grown their positions in Alliant. Since the increase, the stock hit a new 52-week high at $60.68, reflecting the volatile but steadily inclining market sentiment surrounding Alliant Energy.
Additionally, the stock received a rating upgrade to 'Buy' and was named among the best midsize companies in America.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Fri, 04 Oct 2024 17:05:01 GMT - Rating 7 - Innovation -6 - Information 8 - Rumor -3
