Statement from Xcel Energy regarding wildfires in the Texas Panhandle
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Citi Upgrades Xcel Energy (XEL) to Buy, 'Stock Looks Compelling'
March 11, 2024 7:39 AM EDTCiti analyst Ryan Levine upgraded Xcel Energy (NASDAQ: XEL) from Neutral to Buy with a price target of $71.00.
The analyst comments "We are upgrading XEL to Buy as 1) the ~87% containment of the Smokehouse Creek fire improves our confidence in assessing liability, 2) our base... More
Xcel Energy (XEL) states its facilities 'appear to have been involved' in Texas wildfire
March 7, 2024 1:35 PM ESTXcel Energy (NASDAQ: XEL) said its equipment appears to have been involved in the ignition of the Smokehouse Creek fire in the Texas Panhandle. The company, however, disputes allegations of negligence in the maintenance and operation of its infrastructure.
The wildfires have ravaged... More
