Scotiabank Keeps Their Hold Rating on Alliant Energy (LNT)
Scotiabank analyst Andrew Weisel maintained a Hold rating on Alliant Energy today and set a price target of $67.00.
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Weisel covers the Utilities sector, focusing on stocks such as Vistra Energy, Black Hills, and Consolidated Edison. According to TipRanks, Weisel has an average return of 9.0% and a 73.29% success rate on recommended stocks.
In addition to Scotiabank, Alliant Energy also received a Hold from TR | OpenAI – 4o’s Wattson Jouly in a report issued on November 8. However, on November 7, Bank of America Securities maintained a Buy rating on Alliant Energy (NASDAQ: LNT).
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 $263 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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