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Date | Price Target | Rating | Analyst |
---|---|---|---|
1/22/2024 | $58.00 | Sell → Neutral | Guggenheim |
1/10/2024 | $64.00 | Buy → Neutral | Sidoti |
6/27/2023 | $63.00 → $54.00 | Neutral → Underperform | BofA Securities |
5/5/2023 | $66.00 → $63.00 | Buy → Neutral | BofA Securities |
4/6/2023 | $74.00 | Neutral → Buy | Sidoti |
1/23/2023 | $53.00 → $54.00 | Neutral → Sell | Guggenheim |
11/17/2022 | $65.00 | Underweight → Neutral | JP Morgan |
11/14/2022 | $53.00 → $66.00 | Neutral → Buy | BofA Securities |
Guggenheim upgraded Allete from Sell to Neutral and set a new price target of $58.00
Sidoti downgraded Allete from Buy to Neutral and set a new price target of $64.00
BofA Securities downgraded Allete from Neutral to Underperform and set a new price target of $54.00 from $63.00 previously
ANNAPOLIS, Md., April 9, 2025 /PRNewswire/ -- New Energy Equity, a subsidiary of ALLETE, Inc. (NYSE:ALE), announced today that Josh Kunkel, current president of New Energy Equity, will be promoted to Chief Executive Officer as part of a planned transition effective June 1, 2025. Co-founder and current CEO, Matt Hankey will be taking on a new role at ALLETE as Emerging Technologies Officer, focusing on broad initiatives across the ALLETE family of companies, while remaining on the New Energy Equity Board of Directors. ALE), develops, finances, operates and manages solar power generation assets, providing clean electricity to
ANNAPOLIS, Md., March 6, 2025 /PRNewswire/ -- New Energy Equity, a national leader in developing and financing community and commercial solar projects, is pleased to announce a new partnership with the Harlem Consolidated School District to bring a 5.54 MWdc solar energy project to the district in Illinois. ALE), develops, finances, operates and manages solar power generation assets, providing clean electricity to commercial, industrial, municipal, and utility customers under long-term contracts. (PRNewsfoto/New Energy Equity)" alt="New Energy Equity, a wholly-owned subsidiary of ALLETE (NYSE:ALE), develops, finances, operat
WASHINGTON, April 25, 2024 /PRNewswire/ -- NT Solar, a national tax credit syndicator with a mission to provide affordable clean energy access through investments in renewables and battery projects with strong ESG attributes, is thrilled to announce a series of four strategic solar tax credit (ITC) investments across the country, establishing new partnerships, building upon successful ongoing relationships, and continuing the growth of our network of investment partners. These investments supported the development of 4 solar projects, including the largest solar installation t