Mizuho Securities Remains a Hold on Allete (ALE)
In a report released today, Anthony Crowdell from Mizuho Securities maintained a Hold rating on Allete, with a price target of $67.00. The company’s shares closed last Friday at $67.21.
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According to TipRanks, Crowdell is a 5-star analyst with an average return of 7.4% and a 69.53% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Centerpoint Energy, Evergy, and Entergy.
The word on The Street in general, suggests a Hold analyst consensus rating for Allete with a $68.50 average price target.
The company has a one-year high of $67.29 and a one-year low of $62.38. Currently, Allete has an average volume of 720.2K.
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