Alliant Energy (LNT) has been a constant in the news, owing to various developments. Investment bank
Jefferies upgraded the utility company, raising its stock target to $71. Expectations are high for Alliant to beat earnings estimates, which may potentially drive its stocks higher. Shareholders have approved key proposals, and the company continues its streak of offering dividends, with the 318th consecutive quarterly payout announced. Despite impressive earnings, there are speculations about some underlying issues. However, the company provides dividend growth and stability in uncertain times, making it an attractive option for income-focused investors. Alliant has declared first quarter 2025 results and entered a $1.3 Billion stock distribution deal. Expectations are mounting for Alliant to beat earnings estimates again, as the company prepares its offering of $500 Million 3.250% Convertible Senior Notes due 2028. Despite positive performances, Barclays lowers its stock rating due to renewable expansion concerns. However, it remains a preferred stock, with expected dividend increment. The corporation's Q1 2025 earnings are anticipated, with promising deals with data centers, and a new Chief Accounting Officer appointed. With all these, Wall Street maintains a bullish view.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Thu, 22 May 2025 21:00:00 GMT -
Rating 7
- Innovation -3
- Information 8
- Rumor -5
