Keybanc Maintains Overweight on Xcel Energy, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Sophie Karp maintains an Overweight rating on Xcel Energy (XEL) but lowers the price target from $68 to $65.

April 19, 2024 | 10:52 am
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NEUTRAL IMPACT
Keybanc maintains an Overweight rating on Xcel Energy but lowers the price target from $68 to $65.
The adjustment in price target by Keybanc reflects a nuanced view on Xcel Energy's stock value, suggesting a positive outlook albeit with a slightly reduced growth expectation. This could lead to a neutral short-term impact as the market digests the implications of a lower price target against the backdrop of an ongoing Overweight rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100