Ladenburg Thalmann Maintains Neutral on Alliant Energy, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Ladenburg Thalmann analyst Paul Fremont maintains a Neutral rating on Alliant Energy (LNT) and lowers the price target from $48.5 to $48.
April 29, 2024 | 4:13 pm
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Ladenburg Thalmann analyst Paul Fremont maintains a Neutral rating on Alliant Energy and lowers the price target from $48.5 to $48.
The adjustment in price target by Ladenburg Thalmann reflects a minor revision in valuation expectations for Alliant Energy, likely due to updated financial analysis or market conditions. However, maintaining a Neutral rating indicates that the analyst does not foresee significant stock movement in either direction in the short term. The slight decrease in price target may slightly dampen investor sentiment but is not expected to cause a significant impact on the stock's price due to the neutral stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100