Xcel Energy (XEL) Prices 10.3M Share Upzied Common Offering at $63.32/Sh

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Xcel Energy (XEL) Announces Public Offering of Common Stock With a Forward Component

October 30, 2019 5:14 PM EDT

Xcel Energy Inc. (NASDAQ: XEL) (Xcel Energy) announced today the commencement of a registered underwritten offering of 7,000,000 shares of its common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward purchaser (as defined below) (or its affiliate) from third parties and sold to the underwriter and offered in connection with the forward sale agreement described below. Citigroup is acting as the sole book-running manager for this offering. The underwriter may offer shares of Xcel Energys common... More

Xcel Energy (XEL) PT Lowered to $69 at JPMorgan

October 29, 2019 7:06 AM EDT

JPMorgan lowered its price target on Xcel Energy (NASDAQ: XEL) to $69.00 (from $71.00) while maintaining a Overweight rating.... More