Argus Research Upgrades Xcel Energy to Buy, Announces $68 Price Target
Portfolio Pulse from Benzinga Newsdesk
Argus Research has upgraded Xcel Energy (NASDAQ:XEL) from Hold to Buy, setting a price target of $68.
August 26, 2024 | 12:31 pm
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POSITIVE IMPACT
Argus Research has upgraded Xcel Energy from Hold to Buy, with a new price target of $68, indicating a positive outlook for the stock.
The upgrade from Hold to Buy by Argus Research suggests increased confidence in Xcel Energy's future performance. The $68 price target indicates potential upside, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100