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.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LNT:
- Alliant Energy’s Strong Financial Performance and Strategic Flexibility Drive Buy Rating
- Alliant Energy’s Earnings Call Highlights Growth and Investment
- Alliant Energy price target raised to $68 from $66 at BMO Capital
- Alliant Energy Reports Strong Q2 2025 Earnings
- Alliant Energy reports Q2 EPS 68c, consensus 64c