Xcel Energy, Inc. (XEL) Tops Q1 EPS by 1c; Reaffirms

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Xcel Energy (XEL) PT Raised at Jefferies Post Q1

May 2, 2014 10:50 AM EDT

Jefferies analyst Paul Fremont boosted his price target on Buy-rated Xcel Energy (NYSE: XEL) to $36.00 (from $32.00) following Q1 results.

Fremont comments, "1Q14 operating earnings of $0.52 were in line with consensus estimate of $0.51. The strong quarter included a $0.05 weather contribution. Weather normalized... More