By: Benzinga
UPDATE: Jefferies Reiterates Hold Rating, Lowers PT on Xcel Energy
In a report published Friday, Jefferies reiterated its Hold rating on Xcel Energy (NYSE: XEL ), but lowered its price target from $29.50 to $28.00. Jefferies noted, “XCEL 4Q12 operating EPS was $0.29 on a diluted basis, versus $0.29 for the same period a year ago, our estimate of $0.30,
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