BTIG raised the firm’s price target on NextEra Energy (NEE) to $100 from $98 and keeps a Buy rating on the shares after the company’s Investor Day. The overarching theme of the meeting was the roll out of a strategy to provide comprehensive power supply solutions to large load customers as NextEra announced partnerships with Google (GOOGL), Meta (META), Comstock (CRK), ExxonMobil (XOM), and Basin Electric Coop with the potential for dozens of GW of generation to serve large load, the analyst tells investors in a research note. Given NextEra’s track record of execution and numerous upside drivers, the company could do better than its stated growth rate over time, the firm added.
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