On Nov 01, major Wall Street analysts update their ratings for $Xcel Energy (XEL.US)$, with price targets ranging from $70 to $76.
Wells Fargo analyst Neil Kalton maintains with a hold rating, and adjusts the target price from $66 to $70.
Jefferies analyst Julien Dumoulin Smith upgrades to a buy rating, and adjusts the target price from $70 to $76.
BMO Capital analyst James Thalacker maintains with a hold rating, and adjusts the target price from $65 to $70.
KeyBanc analyst Sophie Karp maintains with a buy rating, and adjusts the target price from $69 to $74.
Furthermore, according to the comprehensive report, the opinions of $Xcel Energy (XEL.US)$'s main analysts recently are as follows:
Xcel Energy's recent update on increased EPS growth projections alongside Q3 outcomes, progress in wildfire mitigation and swift de-risking actions, a compelling risk-adjusted rate base growth, along with an acceleration in load growth and robustness of the balance sheet, are noteworthy developments.
Xcel Energy's shares have outperformed following Q3 results, in light of a positive update on the long-term outlook. This development supports the view that Xcel offers a distinctively favorable opportunity for entry.
Here are the latest investment ratings and price targets for $Xcel Energy (XEL.US)$ from 4 analysts:
Note:
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