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Alliant Energy price target raised to $74 from $70 at BofA

BofA raised the firm’s price target on Alliant Energy (LNT) to $74 from $70 and keeps a Buy rating on the shares. The firm updated its FY26 and FY27 estimates to account for the parameters from the unanimous settlement and updated its electric peer group multiple to 16.7-times from 16.2-times previously.

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