Gabelli & Company Rates Alliant Energy As Hold (LNT)

Gabelli & Company gave Alliant Energy LNT a Hold rating in a research report published today. In the report, Gabelli states, "While LNT has above-average exposure (55%) to coal-fired generation, the company is favorably positioned to comply with state renewable standards given that the states of Iowa, Minnesota and Wisconsin are among the more “wind-rich” states in the country." Shares of Alliant Energy were trading at $38.43 at the time of posting, down 0.10% from Wednesday's market close.