Segment Wealth Management LLC and Sowell Financial Services LLC among others have acquired new holdings in Xcel Energy. Morgan Stanley has lowered the price target for the company from $78 to $77 even as Xcel's stock continues in a favorable trajectory. The company also announced Ryan Long as their new Executive Vice President and Chief Legal and Compliance Officer. While some rate Xcel as an undervalued utility stock to invest in now, others caution about slowing returns. Indeed, Q1 earnings and revenues didn't meet estimates. Financial institutions, like Good Steward Wealth Advisors and BNC Wealth Management, are making significant investments. The company is in the midst of a leadership transition in its legal and compliance division. Xcel reported misses in Q4 and Q1 earnings & sales but plans to invest $45B. Analysts give the company a consensus target price of $75.90. Xcel has also announced the launch of a public offering of common stock with a forward component. Devin Stockfish is elected to the board and the construction of Xcel’s Monticello Nuclear Plant received federal approval.
Xcel Energy XEL News Analytics from Mon, 04 Nov 2024 08:00:00 GMT to Sat, 21 Jun 2025 14:54:48 GMT -
Rating 0
- Innovation -2
- Information 5
- Rumor 1
