Morgan Stanley Maintains Equal-Weight on Xcel Energy, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Xcel Energy (NASDAQ:XEL) and raises the price target from $59 to $65.
May 28, 2024 | 5:34 pm
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POSITIVE IMPACT
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Xcel Energy and raises the price target from $59 to $65.
The raised price target from $59 to $65 by a reputable analyst at Morgan Stanley is likely to have a positive short-term impact on Xcel Energy's stock price. The Equal-Weight rating suggests a neutral stance, but the increased price target indicates improved expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100