Wells Fargo Maintains Overweight on Alliant Energy, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on Alliant Energy and raised the price target from $62 to $66.
October 16, 2024 | 3:30 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its positive outlook on Alliant Energy by maintaining an Overweight rating and increasing the price target to $66, indicating confidence in the company's future performance.
The increase in price target from $62 to $66 by a major financial institution like Wells Fargo suggests a positive outlook on Alliant Energy's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100