Alliant Energy price target raised to $60 from $58 at BMO Capital

BMO Capital raised the firm’s price target on Alliant Energy to $60 from $58 and keeps a Market Perform rating on the shares. Despite the quarterly miss, results were consistent with management’s expectations and the company reaffirmed its full-year outlook, the analyst tells investors in a research note. Attention is now likely to turn to the company’s accelerating demand outlook driven by economic development and data centers, the firm says.