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BMO Capital Remains a Buy on Alliant Energy (LNT)

Tipranks - Tipranks - Thu Apr 23, 7:06AM CDT

BMO Capital analyst James Thalacker maintained a Buy rating on Alliant Energy today and set a price target of $78.00.

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Thalacker covers the Utilities sector, focusing on stocks such as CMS Energy, PPL, and Duke Energy. According to TipRanks, Thalacker has an average return of 14.5% and a 71.87% success rate on recommended stocks.

In addition to BMO Capital, Alliant Energy also received a Buy from Wells Fargo’s Shahriar Pourreza in a report issued yesterday. However, on April 15, Barclays maintained a Hold rating on Alliant Energy (NASDAQ: LNT).

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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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