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Alliant Energy (LNT) Gets a Buy from UBS

Tipranks - Tipranks - Tue Feb 10, 6:10AM CST

UBS analyst William Appicelli reiterated a Buy rating on Alliant Energy today and set a price target of $77.00.

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According to TipRanks, Appicelli is a 4-star analyst with an average return of 7.8% and a 65.28% success rate. Appicelli covers the Utilities sector, focusing on stocks such as Vistra Corp, Consolidated Edison, and American Electric Power.

In a report released on February 4, Bank of America Securities also reiterated a Buy rating on the stock with a $73.00 price target.

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Based on Alliant Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.21 billion and a net profit of $281 million. In comparison, last year the company earned a revenue of $1.08 billion and had a net profit of $295 million

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