Market Overview

UPDATE: Jefferies Reiterates Hold Rating, Lowers PT on Xcel Energy

Related XEL
Xcel Energy Evenly Poised - Analyst Blog
Xcel Energy Boosts Green Power Generation - Analyst Blog

In a report published Friday, Jefferies reiterated its Hold rating on Xcel Energy (NYSE: XEL), but lowered its price target from $29.50 to $28.00.

Jefferies noted, “XCEL 4Q12 operating EPS was $0.29 on a diluted basis, versus $0.29 for the same period a year ago, our estimate of $0.30, and FC consensus of $0.27. Higher electric and gas margins were offset by higher depreciation and operating and maintenance expense.”

Xcel Energy closed on Thursday at $27.28.

Posted-In: JefferiesAnalyst Color Price Target Analyst Ratings

 

Most Popular

Related Articles (XEL)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters