BMO Capital Maintains Outperform on Xcel Energy, Lowers Price Target to $69
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst James Thalacker maintains an Outperform rating on Xcel Energy (NASDAQ:XEL) but lowers the price target from $75 to $69.
June 05, 2023 | 12:15 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Xcel Energy (NASDAQ:XEL) but lowers the price target from $75 to $69.
The news of BMO Capital maintaining an Outperform rating on Xcel Energy indicates a positive outlook for the company. However, the lowering of the price target from $75 to $69 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100