BofA/Merrill Lynch Downgrades Alliant Energy (LNT) to Underperform

November 21, 2018 6:08 AM EST
Get Alerts LNT Hot Sheet
Price: $70.60 +0.57%

Rating Summary:
    11 Buy, 7 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE

BofA/Merrill Lynch analyst Julien Dumoulin-Smith downgraded Alliant Energy (NYSE: LNT) from Neutral to Underperform with a price target of $43.00.

The analyst believes the valuation is getting "a bit ahead of itself." She is expecting sales to moderate through 2019.

For an analyst ratings summary and ratings history on Alliant Energy click here. For more ratings news on Alliant Energy click here.

Shares of Alliant Energy closed at $45.26 yesterday.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Downgrades, Hot Downgrades