RBC Capital Sticks to Their Buy Rating for Xcel Energy (XEL)
RBC Capital analyst Stephen D’Ambrisi reiterated a Buy rating on Xcel Energy today and set a price target of $97.00.
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D’Ambrisi covers the Utilities sector, focusing on stocks such as OGE Energy, Southern Co, and Xcel Energy. According to TipRanks, D’Ambrisi has an average return of -1.1% and a 25.00% success rate on recommended stocks.
In addition to RBC Capital, Xcel Energy also received a Buy from KeyBanc’s Sophie Karp in a report issued on December 12. However, today, UBS maintained a Hold rating on Xcel Energy (NASDAQ: XEL).
Based on Xcel Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.92 billion and a net profit of $524 million. In comparison, last year the company earned a revenue of $3.64 billion and had a net profit of $682 million
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