Alliant Energy Corporation has been making waves in the stock market with their Q3 results outperforming estimates. However, despite the spike in earnings, Alliant's shares seem to be underperforming compared to competitors. There are several financial ventures that are reshaping Alliant's stance in the market.
DekaBank Deutsche Girozentrale has reportedly increased its position while both
International Assets Investment Management LLC and
Allspring Global Investments Holdings LLC have acquired new shares of Alliant Energy. IFM Investors Pty Ltd, on the other hand, sold their shares. Despite these fluctuations, the company has attracted institutional investors, owning approximately 80% of its stocks. Various
brokerages have set Alliant's price target averaging $63.28, with Barclays raising their previous target to $62. Regardless of the quarter-on-quarter hits and misses, Alliant's incremental earnings growth has been forecasted by Zacks Research. Amidst all these, Alliant Energy was also voted amongst the best mid-size companies in America by TIME and its Executive Chairman announces his retirement in 2025. While some believe Alliant is overpriced, others view it as a stable pick for long-term investors.
Alliant Energy Stocks LNT News Analytics from Fri, 12 Oct 2012 07:00:00 GMT to Sat, 02 Nov 2024 13:17:13 GMT -
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