BMO Capital Markets raises PT on Xcel Energy

Xcel Energy

25/09/2025 13:08

** BMO Capital Markets raises price target on Xcel Energy XEL.O to $84 from $80

     ** The new price target represents a ~8% upside to the stock's last close

** Company on Wednesday said that it reached agreements in principle to resolve all litigation related to the 2021 Marshall fire

** Brokerage expects investor attention to turn to the third quarter post-earnings call, where BMO anticipates the company will provide an update to its "best-in-class EPS/rate base growth"

** 11 of 15 brokerages rate the stock "buy" or higher, 4 "hold"; their median PT is $82.50

** Up to last close, stock up 15.4% YTD

 (Reporting by Dharna Bafna)

 ((Dharna.bafna@thomsonreuters.com))