Wolfe upgrades Xcel Energy, sees potential upside

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Citi Upgrades Xcel Energy (XEL) to Buy, 'Stock Looks Compelling'

March 11, 2024 7:39 AM EDT

Citi 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