Wells Fargo Maintains Equal-Weight on Xcel Energy, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Equal-Weight rating on Xcel Energy (NASDAQ:XEL) and increased the price target from $63 to $64.

January 26, 2024 | 1:54 pm
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Wells Fargo analyst Neil Kalton maintained an Equal-Weight rating on Xcel Energy and raised the price target from $63 to $64.
The increase in price target by Wells Fargo suggests a positive outlook on Xcel Energy's stock, which could lead to a short-term increase in its stock price. However, since the rating remains Equal-Weight, the impact may be moderate rather than significant.
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