XEL Maintains Overweight Rating by Keybanc -- Price Target Lowered to $87

gurufocus.com · 2026-10-13

Xcel Energy Analyst Rating Update On October 19, 2023, Keybanc analyst Sophie Karp has maintained an Overweight rating for Xcel Energy (XEL), while adjusting

TickrTrends take: Keybanc's reduction of XEL's price target to $87, despite maintaining an overweight rating, reflects analyst reassessment of near-term valuation metrics while preserving conviction in the company's longer-term prospects. This mixed signal aligns with TickrTrends' current undervalued assessment, suggesting the market may not yet be pricing in the utility's fundamental strengths relative to sector peers. Investors focused on valuation should monitor whether XEL's operational performance and regulatory developments can support a closer convergence with analyst price targets over the coming quarters.

Read the full story at gurufocus.com →