BMO Capital Downgrades Alliant Energy to Market Perform, Announces $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Thalacker has downgraded Alliant Energy (NASDAQ:LNT) from Outperform to Market Perform and set a price target of $55.
January 11, 2024 | 12:19 pm
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Alliant Energy was downgraded by BMO Capital from Outperform to Market Perform with a price target of $55.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $55 suggests a limited upside potential from the current trading levels, which may also contribute to a bearish outlook in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100