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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100