Barclays Maintains Overweight on Xcel Energy, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Overweight rating on Xcel Energy and raises the price target from $57 to $67.
October 21, 2024 | 1:03 pm
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POSITIVE IMPACT
Barclays analyst Nicholas Campanella has maintained an Overweight rating on Xcel Energy and increased the price target from $57 to $67, indicating a positive outlook on the stock.
The increase in the price target from $57 to $67 by Barclays suggests a positive outlook on Xcel Energy's future performance. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive short-term impact on the stock price as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100