Wells Fargo Maintains Equal-Weight on Xcel Energy, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton maintains an Equal-Weight rating on Xcel Energy (NASDAQ:XEL) and raises the price target from $57 to $63.
August 02, 2024 | 6:19 pm
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Wells Fargo analyst Neil Kalton maintains an Equal-Weight rating on Xcel Energy and raises the price target from $57 to $63.
The raised price target from $57 to $63 by Wells Fargo indicates a positive outlook for Xcel Energy, which could lead to a short-term increase in stock price. However, the Equal-Weight rating suggests a balanced view, moderating the impact.
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