Alliant Energy Corporation $LNT Shares Sold by CIBC Private Wealth Group LLC

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CIBC Private Wealth Group LLC reduced its stake in Alliant Energy Corporation (NASDAQ:LNT) by 30.7% in the third quarter. Despite this, analysts maintain a “Moderate Buy” rating with an average price target of $75.44, and Alliant Energy recently reported an EPS beat and increased its quarterly dividend. The company’s stock shows solid performance metrics and institutional investors hold a significant portion of its shares.

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