JP Morgan Maintains Neutral on Xcel Energy, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Metz has maintained a Neutral rating on Xcel Energy (NASDAQ:XEL) and increased the price target from $66 to $68.

November 30, 2023 | 7:19 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on Xcel Energy and raised the price target from $66 to $68, indicating a potential upside from the previous target.
The increase in price target by JP Morgan suggests a positive outlook on Xcel Energy's stock performance, albeit with a Neutral stance. This could lead to a short-term positive sentiment among investors, as the new target implies a belief in the company's potential to grow or perform better than previously expected.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100