Jefferies, a prominent financial services company, has upgraded its rating for Alliant Energy (LNT, Financial) from "Hold" to "Buy". This change reflects a positive outlook on the company's future performance.
The analyst behind this upgrade, Julien Dumoulin-Smith, has also raised the price target for Alliant Energy (LNT, Financial) to $71.00 from the previous target of $70.00. This represents a 1.43% increase in the price target.
These adjustments come as part of Jefferies' latest analysis and assessment of Alliant Energy's market position and growth potential. Investors may view this as a signal of confidence in Alliant Energy's (LNT, Financial) future prospects.
The new rating and price target adjustments were announced on May 20, 2025, providing investors with updated guidance on the stock's potential performance in the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Alliant Energy Corp (LNT, Financial) is $65.19 with a high estimate of $70.00 and a low estimate of $57.00. The average target implies an upside of 2.35% from the current price of $63.69. More detailed estimate data can be found on the Alliant Energy Corp (LNT) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Alliant Energy Corp's (LNT, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Alliant Energy Corp (LNT, Financial) in one year is $56.76, suggesting a downside of 10.88% from the current price of $63.69. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Alliant Energy Corp (LNT) Summary page.
