B of A Securities Upgrades NextEra Energy Partners to Neutral, Raises Price Target to $60
Portfolio Pulse from richadhand@benzinga.com
Bank of America Securities analyst Julien Dumoulin-Smith upgraded NextEra Energy Partners (NEP) from Underperform to Neutral and raised the price target from $53 to $60.
June 01, 2023 | 3:07 pm
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NextEra Energy Partners (NEP) has been upgraded from Underperform to Neutral by BofA Securities, with a raised price target of $60.
The upgrade from Underperform to Neutral by BofA Securities analyst Julien Dumoulin-Smith indicates a more positive outlook on the stock. The raised price target from $53 to $60 suggests an expected increase in the stock's value, which could lead to a short-term positive impact on NEP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100