-- 瑞银证券周一在一份报告中指出，由于投资者对野火风险的担忧似乎被过度消化，加之强劲的盈利增长、支出计划的潜在利好、有利的监管结果以及估值提升空间，Xcel Energy (XEL) 的股价可能进一步上涨。 Xcel 预计将实现公用事业板块最强劲的每股收益增长率之一，超过 9%，并且其发电和输电项目还有进一步增长的空间，包括科罗拉多州新增的产能以及其服务区域内大型谷歌数据中心带来的需求。 瑞银证券表示，投资者的担忧主要集中在科罗拉多州和德克萨斯州的野火状况上，但市场基于该公司迄今为止的有限责任记录，过度低估了这一风险。 Xcel 的盈利增长表现突出，同时其所需的股权融资水平也比许多同行更为可控，瑞银认为这是支撑其股价的另一因素。 瑞银维持对Xcel的买入评级，并将目标价从89美元上调至91美元，并表示随着Xcel执行其增长计划并减少投资者担忧，预计其股价将更接近该公用事业集团的历史平均估值。
Price: $81.49, Change: $+0.41, Percent Change: +0.51%
Financial stocks were mixed in late Monday afternoon trading, with the NYSE Financial Index decreasing 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.3%.The Philadelphia Housing Index was rising 0.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.2%.Bitcoin (BTC-USD) was climbing 3.3% to $76,265, and the yield for 10-year US Treasuries was slightly higher at 4.25%.In corporate news, Intercontinental Exchange-backed (ICE) predictions site Polymarket is in talks to raise about $400 million at a valuation of roughly $15 billion, including the new proceeds, The Information reported. Intercontinental Exchange shares were down 0.3%.
The US-Iran ceasefire may be extended by up to two weeks, though it will take much longer to hammer out a complete peace agreement, Macquarie Group said in a note on Monday.Iran took back control the Strait of Hormuz on Saturday after opening the waterway to commercial vessels on Friday. The US and Iran have accused each other of violating a two-week ceasefire announced April 7.The US Navy on Sunday seized an Iranian-flagged vessel that tried to move past a naval blockade, President Donald Trump said in a Truth Social post.The US is sending negotiators to Pakistan for a second round of peace talks, though Iran said it doesn't plan to participate in those negotiations. Trump told Bloomberg News Monday he's unlikely to extend the ceasefire and that the Strait of Hormuz would stay blockaded until a deal is reached."At the very least, the current two-week ceasefire may be extended this week for another one or two weeks," Thierry Wizman, global foreign exchange and rates strategist at Macquarie, said. "But a fully-formed peace agreement will take much longer."The peace process is likely to be "long and jagged," based on historical precedents set by other similar deals, Wizman said."We don't expect that this process will be any different, and it may last several weeks, if not months, before the final contours are inked and agreed to," he said.Financial markets were largely stable this morning, suggesting traders continued to bet on the prospect of reaching "a permanent deal within a multi-week timeframe," Wizman said.
Health care stocks declined late Monday afternoon, with the NYSE Health Care Index down 0.8% and the State Street Health Care Select Sector SPDR ETF (XLV) shedding 1%.The iShares Biotechnology ETF (IBB) decreased 0.4%.In corporate news, Tvardi Therapeutics (TVRD) shares fell 4.1% after Barclays downgraded the company's stock to underweight from equalweight and adjusted the price target to $3 from $4.