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Neharika Jain

Is Wall Street Bullish or Bearish on Alliant Energy Stock?

Valued at a market cap of $15.5 billion, Alliant Energy Corporation (LNT) is a utility holding company that provides regulated electric and natural gas services. The Madison, Wisconsin-based company has a diversified fuel mix which consists of coal, natural gas and renewable resources. 

This utility company has outpaced the broader market over the past 52 weeks. Shares of LNT have rallied 17.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.7%. Moreover, on a YTD basis, the stock is up 2.2%, compared to SPX’s marginal uptick. 

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