Alliant Energy downgraded to Underweight from Equal Weight at Barclays

Barclays analyst Nicholas Campanella downgraded Alliant Energy (LNT) to Underweight from Equal Weight with a price target of $61, up from $59. The firm sees risks surrounding the company’s large renewable build out plan, saying there are several risks that could challenge its execution and long-term growth. Increases in tariffs will negatively impact projects, the analyst tells investors in a research note.