Truist Securities initiated coverage of Xcel Energy Inc. – Preferred Stock (NasdaqGM: XELLL) with a “Buy” recommendation on April 21, 2026. The average one-year price target is set at $28.35 per share, suggesting a 15.90% upside from its latest closing price of $24.46.
For the projected annual revenue, Xcel Energy Inc. – Preferred Stock is estimated to reach $16.21 billion, marking a 10.52% increase. The projected non-GAAP EPS stands at 4.16. Over the last quarter, institutional ownership increased from one to two fund positions, with average portfolio weight rising by 11,749.27%, although total shares owned by institutions decreased by 59.95% to 80,000 shares.
