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BMO Capital Raises its Price Target on Xcel Energy (XEL) to $94
BMO Capital has raised its price target on Xcel Energy (XEL) to $94 from $90, maintaining an Outperform rating. This follows similar target increases and a new Buy rating from other firms, citing Xcel’s strong position in renewables and its role in supporting data center growth. The company operates regulated electric and natural gas utility businesses in the United States.