Jefferies raised the firm’s price target on Xcel Energy (XEL) to $92 from $84 and keeps a Buy rating on the shares. The firm, which fine-tuned its 2026 EPS estimate to reflect Colorado rate case timing and ROE trends, notes that its estimates are above consensus at 4%-5% per year beginning in 2027 and above the anticipated 6%-8% guidance reaffirmation.
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