Xcel Energy Reaches Analyst Target Price
September 06, 2018 at 07:53 AM EDT
In recent trading, shares of Xcel Energy Inc (XEL) have crossed above the average analyst 12-month target price of $49.12, changing hands for $49.28/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..