On Nov 02, major Wall Street analysts update their ratings for $Xcel Energy (XEL.US)$, with price targets ranging from $70 to $76.
BofA Securities analyst Ross Fowler upgrades to a buy rating.
Wells Fargo analyst Neil Kalton maintains with a hold rating, and maintains the target price at $70.
Jefferies analyst Julien Dumoulin Smith upgrades to a buy rating, and adjusts the target price from $70 to $76.
Evercore analyst Durgesh Chopra maintains with a buy 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:
The firm recognizes Xcel Energy's enhanced EPS CAGR guidance following Q3 results, significant progress in wildfire mitigation and de-risking measures done swiftly, an appealing risk-adjusted rate base CAGR, acceleration in load growth, and the robustness of the company's balance sheet.
Xcel Energy's shares have outperformed following their Q3 results, bolstered by a positive update on the long-term outlook. This development supports the thesis that Xcel offers a uniquely appealing entry point for investors.
Here are the latest investment ratings and price targets for $Xcel Energy (XEL.US)$ from 5 analysts:
Note:
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