Mizuho Maintains Neutral on ALLETE, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell maintains a Neutral rating on ALLETE (NYSE:ALE) and raises the price target from $57 to $67.
May 16, 2024 | 11:10 am
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Mizuho analyst Anthony Crowdell maintains a Neutral rating on ALLETE and raises the price target from $57 to $67.
The raised price target from $57 to $67 indicates a positive outlook for ALLETE, which could lead to a short-term increase in stock price despite the Neutral rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100