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.
October 04, 2023 | 4:19 pm
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Morgan Stanley has reiterated an Overweight rating on NextEra Energy and maintained a $91 price target.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for NextEra Energy. The maintained price target of $91 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