Barclays Maintains Equal-Weight on Xcel Energy, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont has maintained an Equal-Weight rating on Xcel Energy (NASDAQ:XEL) and increased the price target from $61 to $62.
January 17, 2024 | 11:32 am
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Barclays has maintained an Equal-Weight rating on Xcel Energy and raised the price target to $62, indicating a stable outlook with a slight upside potential.
The increase in price target by Barclays suggests a modestly positive outlook on Xcel Energy's stock, which could lead to a slight increase in investor confidence and potentially a small upward movement in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100