Mizuho Maintains Buy on Xcel Energy, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell maintains a Buy rating on Xcel Energy (NASDAQ:XEL) but lowers the price target from $72 to $69.
May 30, 2023 | 10:44 am
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Mizuho analyst maintains Buy rating on Xcel Energy (NASDAQ:XEL) but lowers price target from $72 to $69.
The news directly mentions Xcel Energy (NASDAQ:XEL) and the lowered price target by Mizuho analyst Anthony Crowdell. While the Buy rating is maintained, the lowered price target may have a neutral impact on the stock price in the short term as it indicates a potential decrease in the stock's value, but the Buy rating still shows confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100