Jefferies sees ‘fresh entry point,’ upgrades Alliant Energy to Buy

As previously reported, Jefferies analyst Julien Dumoulin-Smith upgraded Alliant Energy (LNT) to Buy from Hold with a price target of $71, up from $70. IRA fears have “clouded shares of late,” providing a fresh entry point, argues the analyst, who sees offensive attributes emerging beyond data center upside after a “constructive” Q1 and “incrementally positive messaging” at the AGA confernce.