Guggenheim Maintains Buy on NextEra Energy, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza has maintained a 'Buy' rating on NextEra Energy (NYSE:NEE) but lowered the price target from $92 to $86.
July 07, 2023 | 4:50 pm
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NEUTRAL IMPACT
NextEra Energy's price target has been lowered by Guggenheim from $92 to $86, though the 'Buy' rating is maintained.
The lowering of the price target by Guggenheim could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100