Baird Downgrades ALLETE To Neutral

Baird downgraded

from Outperform to Neutral. The price target for ALLETE has been lowered from $60.00 to $57.00. ALLETE shares have dropped 2.09 percent over the past 52 weeks, while the S&P 500 index has surged 11.15 percent in the same period. ALLETE shares fell 0.28 percent to close at $49.11 yesterday.