BMO Capital Downgrades Xcel Energy to Market Perform, Lowers Price Target to $64
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst James Thalacker downgraded Xcel Energy (NASDAQ:XEL) from Outperform to Market Perform and lowered the price target from $69 to $64.
June 22, 2023 | 12:10 pm
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Xcel Energy (NASDAQ:XEL) has been downgraded from Outperform to Market Perform by BMO Capital, with a reduced price target of $64.
The downgrade from Outperform to Market Perform by BMO Capital analyst James Thalacker indicates a less optimistic outlook for Xcel Energy's stock performance. The lowered price target from $69 to $64 suggests that the analyst expects a lower return potential for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100