What is BofA Securities's price target for ALE?

BofA Securities's latest stated price target for Allete Inc. (ALE) is $54, from its action on Jun 27, 2023.

What is BofA Securities's rating on ALE?

BofA Securities rates ALE Underperform, a bearish rating, as of Jun 27, 2023.

When did BofA Securities last change its view on ALE?

On Jun 27, 2023, BofA Securities downgrades to Underperform from Neutral, price target $63 to $54.

BofA Securities ALE price target and rating history

BofA Securities rates Allete Inc. (ALE) Underperform with a $54 price target, as of its latest action on Jun 27, 2023. It has published 4 rating actions on ALE since May 2022, including 1 upgrade and 2 downgrades.

Current rating: Underperform
Price target: $54
Median target, all firms: Too few
Actions on ALE: 4

BofA Securities price target on ALE

BofA Securities price target on ALE, each point a stated target, May 2022 to June 2023.

Every BofA Securities rating on ALE

Jun 27, 2023
DowngradeBofA Securities downgrades to Underperform from Neutral, price target $63 to $54
May 5, 2023
DowngradeBofA Securities downgrades to Neutral from Buy, price target $66 to $63
Nov 14, 2022
UpgradeBofA Securities upgrades to Buy from Neutral, price target $53 to $66
May 25, 2022
InitiateBofA Securities starts coverage at Neutral, price target $63

Questions about BofA Securities and ALE

What is BofA Securities's price target for ALE?: BofA Securities's latest stated price target for Allete Inc. (ALE) is $54, from its action on Jun 27, 2023.
What is BofA Securities's rating on ALE?: BofA Securities rates ALE Underperform, a bearish rating, as of Jun 27, 2023.
When did BofA Securities last change its view on ALE?: On Jun 27, 2023, BofA Securities downgrades to Underperform from Neutral, price target $63 to $54.

All BofA Securities ratings ALE news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.