Following these proceedings, Barclays downgraded its Alliant Energy Corp [LNT] rating to an Underweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who decreased its forecast for the stock in mid December from “a Sector outperform” to “a Sector perform”. Jefferies began covering LNT with “Hold” recommendation on September 20, 2024. Ladenburg Thalmann revised its rating on August 13, 2024. It rated LNT as “a Buy” which previously was an “a Neutral”.
Price Performance Review of LNT
On Friday, Alliant Energy Corp [NASDAQ:LNT] saw its stock jump 1.06% to $61.76. Over the last five days, the stock has gained 0.96%. Alliant Energy Corp shares have risen nearly 4.43% since the year began. Nevertheless, the stocks have risen 20.79% over the past one year. While a 52-week high of $66.54 was reached on 03/04/25, a 52-week low of $49.04 was recorded on 01/13/25. SMA at 50 days reached $62.15, while 200 days put it at $60.18.
Levels Of Support And Resistance For LNT Stock
The 24-hour chart illustrates a support level at 60.74, which if violated will result in even more drops to 59.72. On the upside, there is a resistance level at 62.72. A further resistance level may holdings at 63.67. The Relative Strength Index (RSI) on the 14-day chart is 52.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.65%. Stochastics %K at 77.57% indicates the stock is a holding.
