BMO Capital lowers price targets on NextEra Energy and Xcel Energy
BMO Capital cut its price targets on NextEra Energy to $88 from $93 and on Xcel Energy to $86 from $91, according to Dow Jones Newswires data.
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what happened
According to Dow Jones Newswires, BMO Capital reduced its price target on NextEra Energy to $88 per share from $93.
On the same day, the bank also revised its target for Xcel Energy, lowering it to $86 per share from $91.
why it matters
Target changes on large US power utilities shape sentiment across the utilities sector, but they do not by themselves alter the companies' operating results. For investors, such updates signal a shift in analyst valuations rather than new fundamental data.
tags
instruments
sources
- NextEra Energy Price Target Cut to $88.00/Share From $93.00 by BMO Capital — Dow Jones Newswires, 20 October 2026 at 18:02 UTC
- Xcel Energy Price Target Cut to $86.00/Share From $91.00 by BMO Capital — Dow Jones Newswires, 20 October 2026 at 18:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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