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Xcel Energy price target raised to $76 from $69 at Wells Fargo
The Fly

Xcel Energy price target raised to $76 from $69 at Wells Fargo

Wells Fargo analyst Neil Kalton raised the firm’s price target on Xcel Energy to $76 from $69 to reflect higher peer group multiples since his last update, while keeping an Equal Weight rating on the shares. His outlook for the sector is not as bullish heading into 2023, nor is he outright bearish.

Published first on TheFly

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