Why This NextEra Energy Analyst Is No Longer Bullish
NEENextEra Energy(NEE) Benzinga·2024-07-02 00:01

Loading... Loading... NextEra Energy Partners LP NEP shares tanked in early trading on Monday. The company has a "challenging road ahead," with "insufficient growth from wind repowering and the looming ~3.7BCEPFliabilitiespost2026,"accordingtoRBCCapitalMarkets.TheNextEraEnergyPartnersAnalyst:ShelbyTuckerdowngradedtheratingforNextEraEnergyPartnersfromOutperformtoSectorPerform,whilereducingthepricetargetfrom3.7B CEPF liabilities post-2026," according to RBC Capital Markets. The NextEra Energy Partners Analyst: Shelby Tucker downgraded the rating for NextEra Energy Partners from Outperform to Sector Perform, while reducing the price target from 38 to $30. The NextEra Energy Partners Thesis: The suite of soluti ...