B of A Securities Upgrades Xcel Energy to Buy, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith has upgraded Xcel Energy (NASDAQ:XEL) from Neutral to Buy and raised the price target from $58 to $66.
October 06, 2023 | 11:13 am
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Xcel Energy's stock has been upgraded to Buy from Neutral by B of A Securities, with a raised price target of $66, up from $58.
The upgrade from Neutral to Buy indicates a positive outlook for Xcel Energy's stock. The raised price target suggests that the analyst believes the stock has potential for significant growth. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100