NextEra Energy initiated with an Outperform at Evercore ISI

Evercore ISI analyst Nicholas Amicucci initiated coverage of NextEra Energy (NEE) with an Outperform rating and $92 price target NextEra possesses all the key qualities to address the need for incremental generation across the U.S., and while the company is perceived as the U.S. leader in Wind and Solar with about 20% of the U.S. renewables market, the firm sees it as the nation’s leading power provider with the ability to provide the entire spectrum of generation assets, the analyst tells investors in a research note.