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Fly News Breaks for March 27, 2018
XEL
Mar 27, 2018 | 06:38 EDT
Mizuho analyst Paul Fremont upgraded Xcel Energy to Buy while reducing his price target for the shares to $47 from $49.50. The analyst raised his 2018 through 2021 estimates for the company to reflect higher capital spending at the utilities. He also sees an "additional upside opportunity" given the high likelihood of the company's Colorado Energy Project getting approved.
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