NextEra Energy Partners shares are trading lower after Morgan Stanley maintained an Equal-Weight rating on the stock but lowered its price target from $65 to $31.
Portfolio Pulse from Benzinga Newsdesk
NextEra Energy Partners' shares are trading lower after Morgan Stanley maintained an Equal-Weight rating on the stock but lowered its price target from $65 to $31.
October 03, 2023 | 3:53 pm
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Morgan Stanley has maintained an Equal-Weight rating on NextEra Energy Partners but lowered its price target from $65 to $31, leading to a drop in the company's shares.
The news of Morgan Stanley lowering its price target for NextEra Energy Partners from $65 to $31, despite maintaining an Equal-Weight rating, has led to a decrease in the company's share price. This indicates a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100