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Fly News Breaks for September 30, 2019
XEL
Sep 30, 2019 | 08:05 EDT
As previously reported, BofA Merrill Lynch analyst Julien Dumoulin-Smith downgraded Xcel Energy to Underperform from Neutral as he believes its four pending rate cases make the company among the most acutely exposed in the sector to reductions to authorized ROEs. He also sees risk to some of its PPA buyout strategy, which is critical to its ratebase growth in the 2020s, Dumoulin-Smith tells investors. He has a $62 price target on Xcel shares.
News For XEL From the Last 2 Days
XEL
Apr 25, 2024 | 06:06 EDT
