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Fly News Breaks for December 15, 2019
XEL
Dec 15, 2019 | 18:42 EDT
Goldman Sachs analyst Insoo Kim initiated coverage of Xcel Energy with a Neutral rating and $59 price target. The analyst estimates above-consensus annual earnings growth of 6.5% for the company through. However, the stock's "premium" valuation already reflects this, leaving little relative upside from current levels, Kim tells investors in a research note.