** Shares of Xcel Energy XEL.O rise ~1% to $67.71
** Brokerage BMO Capital Markets raises PT to $69 from $67, maintains "market perform" rating
** XEL on Thursday missed Q2 profit estimates but reaffirmed 2025 profit forecast range of $3.75 to 3.85 per share
** BMO says the earnings trajectory for the company is unchanged, including the "2026 inflection point where we expect to start seeing higher growth"
** XEL's commentary around additional data center contracts and underlying economic development in its service territories should support a robust capital plan update and forward earnings outlook, BMO adds
** Brokerage Wells Fargo also raises PT to $75 from $72
** 12 of 17 brokerages that cover the stock rate it "buy" or higher and five "hold"; their median PT is $73 - LSEG data
** In 2024, stock rose 9.1%
(Reporting by Vallari Srivastava in Bengaluru)
((Srivastava.Vallari@thomsonreuters.com;))
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