ALE

J.P. Morgan analyst Richard Sunderland maintained a Sell rating on Allete (ALE – Research Report) yesterday and set a price target of $66.00. The company's shares closed last Monday at $66.30. According to TipRanks.com, Sunderland is a 2-star analyst with an average return of 1.8% and a 46.7% success rate. Sunderland covers the Utilities sector, focusing on stocks such as South Jersey Industries, New Jersey Resources, and American Water. The word on The Street in general, suggests a Hold analyst consensus rating for Allete with a $65.50 average price target.
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