Morgan Stanley Maintains Equal-Weight on Xcel Energy, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on Xcel Energy (NASDAQ:XEL) and lowered the price target from $64 to $59.
August 23, 2023 | 3:13 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Xcel Energy and lowered the price target from $64 to $59.
The lowering of the price target by Morgan Stanley could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100