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Analysts Offer Insights on Utilities Companies: Exelon (EXC) and Xcel Energy (XEL)

Tipranks - Tipranks - Sun May 3, 4:12AM CDT

Analysts have been eager to weigh in on the Utilities sector with new ratings on Exelon (EXC) and Xcel Energy (XEL).

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Xcel Energy (XEL)

Truist Financial analyst Richard Sunderland maintained a Buy rating on Xcel Energy yesterday. The company’s shares closed last Friday at $82.58.

According to TipRanks.com, Sunderland is a 4-star analyst with an average return of 4.6% and a 57.4% success rate. Sunderland covers the Utilities sector, focusing on stocks such as Edison International, Centerpoint Energy, and American Water. ;'>

Currently, the analyst consensus on Xcel Energy is a Strong Buy with an average price target of $92.69, which is an 11.7% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $92.00 price target.

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