Paradigm Asset Management Co. has invested $837,000 in XCEL Energy. The upper Midwest Resource Plan was approved for XCEL energy's next move. This did not help the Q4 earning, which actually lagged its estimates. The blame fell on higher maintenance expenses which caused the lower profit. On the flip side, various recommendations encouraged people to buy from this undervalued blue-chip utility, also Morgan Stanley adjusted the price target for XCEL from $73 to $75. Rhumbline Advisers and Ieq capital LLC bought shares proving their trust in the industry. The Q4 of 2024 showed strong ongoing earnings with strategic plans. XCEL has missed their Q4 targets and plans to invest $45 billion. They announced the pricing of its common stock with a forward component and appointed Devin Stockfish to their board. XCEL released their earnings for 2024 and have missed their estimates by 7.2%. Lastly, Wall Street Analysts are remaining bullish with the stock at a 6.6% upside and seeing strong dividend growth.
Xcel Energy XEL News Analytics from Mon, 12 Aug 2024 07:00:00 GMT to Sat, 22 Feb 2025 10:54:48 GMT -
Rating -1
- Innovation -2
- Information 3
- Rumor -1
