Evercore ISI Group Maintains Outperform on Xcel Energy, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Durgesh Chopra maintains an Outperform rating on Xcel Energy (NASDAQ:XEL) and raises the price target from $54 to $59.
April 26, 2024 | 5:27 pm
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Evercore ISI Group analyst Durgesh Chopra maintains an Outperform rating on Xcel Energy and raises the price target from $54 to $59.
The increase in price target by a reputable analyst firm like Evercore ISI Group, along with the maintenance of an Outperform rating, suggests a positive outlook on Xcel Energy's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100