BMO Capital raised the firm’s price target on NextEra Energy (NEE) to $104 from $99 and keeps an Outperform rating on the shares after it’s Q1 earnings beat. The firm cites the company having originated 4.0GW during Q1, up sequentially from 3.6GW in Q4, highlighting growing supply-demand for solar/storage and demonstrating continued execution across its development platform, the analyst tells investors in a research note.
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