XEL Maintains Outperform Rating -- Price Target Lowered to $86.00 by BMO Capital

gurufocus.com · 2026-10-20

Xcel Energy (XEL) Analyst Rating Update On October 19, 2023, BMO Capital announced a lowered price target for Xcel Energy (XEL), adjusting it from $91.00 to

TickrTrends take: XEL's price target reduction to $86 by BMO Capital suggests analyst caution despite the maintained outperform stance, which could indicate a recalibration rather than fundamental deterioration. Given TickrTrends' current undervalued assessment for this utilities operator, the gap between the analyst target and market pricing warrants attention for investors monitoring whether the stock's valuation discount remains justified. Utilities investors should track whether this price target adjustment reflects sector-wide pressures or company-specific headwinds that might affect XEL's fundamental value proposition going forward.

Read the full story at gurufocus.com →