Alliant Energy Corporation (LNT), a major utility provider, is expected to outperform earnings estimates yet again. Barclay's downgraded the stock but lifted the price target to $61. BMO Capital also cut the target to $64. Despite the price cut, prospects seem promising with the announcement of the Companies 318th consecutive quarterly payout extending their historic streak. However, some caution is raised as stakeholders question the company's stock performance compared to other utility stocks. An 82% institutional ownership indicates significant domination by institutional owners. In a recent move, Alliant Energy's stock began trading on Nasdaq, suggesting increased exposure. Lastly, with the company's price being out of tune with its earnings, it has seen a short interest lately. Looking ahead, the stock exhibits potential for dividend growth, defensive stability, and multiple power supply deals with data centers, although its returns have yet to accelerate.
Alliant Energy Stocks LNT News Analytics from Tue, 18 Dec 2018 08:00:00 GMT to Thu, 01 May 2025 14:01:21 GMT -
Rating 4
- Innovation -5
- Information 8
- Rumor -4
