B of A Securities Maintains Buy on Alliant Energy, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith maintains a Buy rating on Alliant Energy (LNT) but lowers the price target from $55 to $54.

April 11, 2024 | 4:15 pm
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Alliant Energy's Buy rating is maintained by B of A Securities, though its price target is reduced from $55 to $54.
The adjustment in price target by a prominent analyst could lead to mixed investor sentiment. While the maintenance of a Buy rating indicates continued confidence in the company's fundamentals, the reduction in price target suggests a slight moderation in expectations. This could result in neutral short-term price movement as investors digest the implications of the revised target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100