Wells Fargo raised the firm’s price target on Alliant Energy to $62 from $56 on Friday, citing higher peer multiples and keeping an Overweight rating on the shares. An expected refresh of the Clean Energy Blueprint and details of economic development opportunities with Q3 earnings remains the focus following settlement of the IPL rate review.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LNT: