Morgan Stanley Reiterates Overweight on NextEra Energy, Maintains $91 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro has reiterated an Overweight rating on NextEra Energy (NYSE:NEE) and maintained a $91 price target.
September 28, 2023 | 11:55 am
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NextEra Energy's stock rating has been reiterated as Overweight by Morgan Stanley, with a maintained price target of $91.
The reiteration of an Overweight rating by a major financial institution like Morgan Stanley indicates a positive outlook for NextEra Energy. The maintained price target of $91 also suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
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