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NextEra Energy price target lowered to $69 from $73 at Mizuho

Mizuho lowered the firm’s price target on NextEra Energy (NEE) to $69 from $73 and keeps a Neutral rating on the shares. The firm continues to forecast NextEra Energy to grow earnings at or near the top end of its 6%-8% guidance range. The new price target reflects current market multiples, the analyst tells investors in a research note.

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