Jefferies Upgrades Xcel Energy to Buy, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Paul Zimbardo has upgraded Xcel Energy from Hold to Buy and increased the price target from $71 to $76.
November 01, 2024 | 12:56 pm
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POSITIVE IMPACT
Jefferies has upgraded Xcel Energy from Hold to Buy, with a new price target of $76, indicating a positive outlook.
The upgrade from Hold to Buy by Jefferies suggests increased confidence in Xcel Energy's future performance. The raised price target from $71 to $76 indicates expectations of stock price appreciation, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100