Morgan Stanley Maintains Overweight on NextEra Energy, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Overweight rating on NextEra Energy (NYSE:NEE) but lowers the price target from $96 to $92.
May 22, 2023 | 12:19 pm
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Morgan Stanley maintains an Overweight rating on NextEra Energy and lowers the price target from $96 to $92.
Morgan Stanley's lowered price target for NextEra Energy may cause some short-term uncertainty among investors, but the maintained Overweight rating indicates that the analyst still believes in the company's potential for growth. The impact on the stock price is expected to be neutral in the short term.
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