Alliant Energy Co. (NASDAQ:LNT) has seen considerable activity from financial institutions, with Sanctuary Advisors, Scotiabank, Squarepoint Ops, Millennium Management, and APG Asset Management all altering their stake positions. Despite this, the company has consistently underperformed relative to the utility sector, even on days of apparent market gains. Lower-than-predicted Q2 earnings and revenue estimates have disappointed, as did the company's Q3 2024 EPS estimates, despite an adjustment from Zacks Research. Additionally, the company's executive chairman announced his 2025 retirement. Not all recent news is negative, however, as the stock hit a 52-week high of $61.05, and Wells Fargo raised the price target from $56 to $62. The company has also announced a 2-for-1 stock split and the new Upland Prairie Wind Farm.
Alliant Energy Stocks LNT News Analytics from Fri, 29 Sep 2017 07:00:00 GMT to Sat, 12 Oct 2024 13:56:41 GMT -
Rating 0
- Innovation -5
- Information 5
- Rumor -5
