B of A Securities Maintains Buy on Xcel Energy, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith maintains a Buy rating on Xcel Energy (NASDAQ:XEL) and lowers the price target from $74 to $70.
June 06, 2023 | 12:28 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Xcel Energy and lowers the price target from $74 to $70.
The news of B of A Securities maintaining a Buy rating on Xcel Energy is positive for the stock. However, the lowering of the price target from $74 to $70 may create some uncertainty among investors. The overall impact on the stock price in the short term is expected to be neutral as the positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100