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Alliant Energy (LNT) shares reached an unprecedented all-time high of $74.48, capping a robust 25% gain over the past year. This performance underscores investor confidence in the utility firm, which has maintained a consistent dividend payout for 56 consecutive years, currently offering a 2.91% yield. Despite the bullish momentum, InvestingPro analysis suggests that the stock is currently trading above its estimated Fair Value. The rally highlights the company's long-term growth trajectory and its status as a reliable income generator in the utility sector. However, market analysts remain cautious as current valuation levels may signal limited upside potential in the immediate future.
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