RBC Capital Maintains Sector Perform on Xcel Energy, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained a 'Sector Perform' rating on Xcel Energy (NASDAQ:XEL) but lowered the price target from $76 to $67.
September 06, 2023 | 2:54 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Xcel Energy's price target has been lowered from $76 to $67 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital indicates a potential decrease in Xcel Energy's stock price in the short term. However, the maintenance of the 'Sector Perform' rating suggests that the company is expected to perform on par with other companies in the sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100