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Argus Research Remains a Hold on Alliant Energy (LNT)

Tipranks - Tipranks - Fri Apr 10, 8:20AM CDT

In a report released yesterday, Marie Ferguson from Argus Research maintained a Hold rating on Alliant Energy. The company’s shares closed yesterday at $72.99.

Easter Sale - 70% Off TipRanks

Ferguson covers the Utilities sector, focusing on stocks such as Entergy, Alliant Energy, and Ameren. According to TipRanks, Ferguson has an average return of 7.3% and a 65.17% success rate on recommended stocks.

Alliant Energy has an analyst consensus of Moderate Buy, with a price target consensus of $75.14.

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Based on Alliant Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.06 billion and a net profit of $142 million. In comparison, last year the company earned a revenue of $976 million and had a net profit of $150 million

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