JPMorgan raised the firm’s price target on NextEra Energy (NEE) to $87 from $86 and keeps an Overweight rating on the shares. The firm updated the company’s model for the “constructive” Florida Power and Light rate settlement filing.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEE:
- NextEra Energy’s Strategic Rate Case Settlement Boosts Buy Rating
- NextEra’s FPL provides details of previously announced rate settlement
- NextEra Energy price target raised to $78 from $74 at Mizuho
- NextEra Energy price target raised to $96 from $95 at Morgan Stanley
- Positive Market Position and Financial Outlook Justify Buy Rating for NextEra Energy