Barclays analyst Nicholas Campanella lowered the firm’s price target on Alliant Energy (LNT) to $59 from $61 and keeps an Equal Weight rating on the shares. Alliant presented its “highly anticipated” capital plan refresh, which the firm views as “neutral to somewhat negative” given more color on load growth opportunities paired with revising the EPS glide path downward slightly, the analyst tells investors.
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Read More on LNT:
- Alliant Energy price target lowered to $61 from $65 at BMO Capital
- Alliant Energy price target lowered to $65 from $66 at Wells Fargo
- Alliant Energy Reports Strong Third Quarter Results
- Alliant Energy increases 2025 annual dividend target 6% to $2.03 per share
- Alliant Energy sees FY24 CapEx $2.025B, FY25 CapEx $2.205B
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