Alliant Energy (LNT) PT Raised to $74 at BofA Securities
Get Alerts LNT Hot Sheet
Price: $70.20 -0.06%
Rating Summary:
11 Buy, 7 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 16 | New: 9
Rating Summary:
11 Buy, 7 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 16 | New: 9
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BofA Securities analyst Julien Dumoulin-Smith raised the price target on Alliant Energy (NASDAQ: LNT) to $74.00 (from $70.00) while maintaining a Buy rating.
The analyst comments "We expect LNT to report Q3’25E EPS of $1.17, which is above Q3’24 EPS of $1.15. Our estimate is at Consensus of $1.17 per share. Earnings year over year benefited from higher revenue requirements at Interstate Power & Light (IPL) and Wisconsin Power & Light (WPL). These were partially offset by higher D&A, interest expense, and losses from the timing of taxes year over year."
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