Xcel Energy Inc. (NASDAQ:XEL) Given Average Rating of "Buy" by Brokerages

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Xcel Energy Inc. (NASDAQ:XEL) has received a consensus “Buy” rating from seventeen analysts, with an average one-year price target of $88.44. The company recently reported quarterly earnings of $0.96 EPS, which was in line with estimates, and increased its quarterly dividend to $0.5925. Institutional investors hold a significant 78.38% stake in Xcel Energy, with several major firms adjusting their positions.

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