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Xcel Energy (NASDAQ:XEL) Maintains Positive Outlook with Barclays' Overweight Rating
Financial Modeling Prep· 2025-09-29 15:00
Barclays reaffirms its "Overweight" rating on Xcel Energy (NASDAQ:XEL), increasing the price target from $72 to $81.Xcel Energy's stock experiences a 6.7% surge, closing at $77.93, following a settlement of the 2021 Marshall Fire lawsuit.The company is poised for growth with a strong pipeline for data center demand, expecting customer requests to reach approximately 8.9 gigawatts by 2029.On September 29, 2025, Barclays maintained its "Overweight" rating for Xcel Energy (NASDAQ:XEL), a major utility company ...