111 Capital and several other companies like
AMF Tjanstepension AB and
Mirae Asset Global Investments Co. Ltd. have increased their stakes in
Xcel Energy Inc. ($XEL). At the same time,
Barclays maintains an Overweight recommendation and
Goldman Sachs reiterates their Buy rating for the firm. In a notable deal, Xcel Energy plans to purchase natural gas turbines from
Siemens Energy for two new power plants in Texas, aiming to expand its capacity. The company cleared a significant legal cloud by settling
Marshall Fire claims for $640M. Several companies like
GC Wealth Management RIA LLC and
Patton Fund Management Inc. have acquired new holdings in Xcel Energy, indicating a positive market sentiment.
Morgan Stanley gives Xcel Energy a Hold rating while maintaining an 'Equal-Weight' status. However,
Xcel Energy's Q1 earnings and revenues lagged estimates. The bull case for the company could however change following an anticipated
$45 billion Infrastructure Investment.
Xcel Energy XEL News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 04 Oct 2025 11:27:07 GMT -
Rating 9
- Innovation 5
- Information 8
- Rumor 9
