BMO Capital Maintains Market Perform on Xcel Energy, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Thalacker has maintained a 'Market Perform' rating on Xcel Energy (NASDAQ:XEL) and increased the price target from $59 to $62.
December 18, 2023 | 2:28 pm
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BMO Capital analyst James Thalacker maintains a 'Market Perform' rating on Xcel Energy and raises the price target from $59 to $62.
The increase in price target by BMO Capital suggests a positive outlook on Xcel Energy's stock, which could lead to a short-term increase in its stock price. The 'Market Perform' rating indicates that the analyst views the company as a solid investment, on par with the overall market performance. This could reassure investors and potentially attract more interest in the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100