Alliant Energy Corporation (LNT) is a large-cap utility company with a market cap of $16.5 billion, serving nearly 1 million electric and 425,000 natural gas customers in Iowa and Wisconsin. Despite recent underperformance compared to the Dow Jones Industrial Average, LNT has shown an uptrend, trading mostly above its moving averages.

Following mixed Q2 results, Alliant Energy reported a 7.5% year-over-year increase in revenue to $961 million, driven by growth in electric and gas utility revenues. Despite falling short of Street expectations, the company’s EPS soared by 100% to $0.68, beating consensus estimates. Analysts rate LNT as a “Moderate Buy” with a mean price target of $68.67, suggesting a 6.9% upside potential.

Read more at Yahoo Finance: Is Alliant Energy Stock Underperforming the Dow?