Alliant Energy price target raised to $53 from $51 at BMO Capital

BMO Capital analyst James Thalacker raised the firm’s price target on Alliant Energy to $53 from $51 and keeps a Market Perform rating on the shares ahead of its Q1 earnings. The company likely saw flat year-over-year results as the upper Midwest faced record mild weather, though Alliant Energy had also likely fared slightly better than peers due to its smaller gas business, the analyst tells investors in a research note.