BofA raised the firm’s price target on Alliant Energy (LNT) to $70 from $68 and keeps a Buy rating on the shares after the company reported Q2 results and reaffirmed its FY25 guidance for earnings as well as its long-term EPS compound annual growth rate expectations. The firm’s FY25, FY26 and FY27 estimates remain unchanged and its increased target reflects an updated FY27 peer group multiple, the analyst noted.
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