Wells Fargo Maintains Equal-Weight on Xcel Energy, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton maintains an Equal-Weight rating on Xcel Energy and raises the price target from $63 to $66.
October 16, 2024 | 3:35 pm
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POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Xcel Energy while increasing the price target from $63 to $66, indicating a positive outlook.
The increase in the price target from $63 to $66 by Wells Fargo suggests a positive outlook for Xcel Energy, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100