Argus raised the firm’s price target on NextEra Energy (NEE) to $90 from $86 and keeps a Buy rating on the shares after its Q3 earnings beat. NextEra combines a successful regulated utility, Florida Power & Light, with a fast-growing renewables business, and the firm has a positive view of the company’s prospects in Florida due to the state’s improving economy and rapid population growth, the analyst tells investors in a research note.
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