Allete upped to Buy at BofA, which sees capital spending update lifting shares [Seeking Alpha]
Allete, Inc. (ALE)
Last allete, inc. earnings: 2/13 06:30 am
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Source: Seeking Alpha
Allete upped to Buy at BofA, which sees capital spending update lifting sharesNov. 14, 2022 1:01 PM ETALLETE, Inc. (ALE)By:Carl SurranSA News EditorimaginimaAllete (NYSE:+3.3%The analyst also noted the Minnesota Public Utilities Commission last week approved Minnesota Power's enhanced 15-year integrated resource plan that should add 400 MW wind and 300 MW solar; Allete (After previously forecasting 5% rate base growth, Dumoulin-Smith now sees the latest update to 8% over the 2022-27 period likely driving a constructive management update with a formal raise to 6%-8% EPS compound annual growth rate target in February.Q3 GAAP earnings of $0.59/share on revenues of $388M
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News
- New Strong Sell Stocks for April 17th [Yahoo! Finance]Yahoo! Finance
- ALLETE Recognized for Gender Diversity on Board and Among Executive Officers [Yahoo! Finance]Yahoo! Finance
- ALLETE Recognized for Gender Diversity on Board and Among Executive OfficersBusiness Wire
- ALLETE, Inc. (NYSE:ALE) is favoured by institutional owners who hold 77% of the company [Yahoo! Finance]Yahoo! Finance
- ALLETE to Announce First Quarter Financial Results May 9 [Yahoo! Finance]Yahoo! Finance
ALE
Earnings
- 2/20/24 - Miss
ALE
Sec Filings
- 3/28/24 - Form DEF
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form ARS
- ALE's page on the SEC website