Morgan Stanley Maintains Equal-Weight on Xcel Energy, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Xcel Energy (NASDAQ:XEL) and lowers the price target from $67 to $65.
May 22, 2023 | 12:32 pm
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Morgan Stanley maintains an Equal-Weight rating on Xcel Energy and lowers the price target from $67 to $65.
The news directly mentions Xcel Energy (NASDAQ:XEL) and the lowered price target by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, and the lowered price target may have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100