Evercore ISI Group Maintains Outperform on Xcel Energy, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Durgesh Chopra maintains an 'Outperform' rating on Xcel Energy (NASDAQ:XEL) but lowers the price target from $66 to $62.
September 15, 2023 | 2:56 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an 'Outperform' rating on Xcel Energy but lowers the price target from $66 to $62.
The news is directly related to Xcel Energy as the analyst from Evercore ISI Group maintains an 'Outperform' rating on the company but lowers the price target. This could indicate a potential downside risk in the short term, but the 'Outperform' rating suggests that the analyst still sees the company as a good investment in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100