Keybanc Downgrades NextEra Energy to Sector Weight
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Sophie Karp has downgraded NextEra Energy (NYSE:NEE) from Overweight to Sector Weight.
October 05, 2023 | 11:30 am
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NextEra Energy has been downgraded by Keybanc from Overweight to Sector Weight, which may impact its stock price.
Analyst ratings often influence the stock price. A downgrade from Overweight to Sector Weight suggests that the analyst believes the stock may perform in line with the average return of the sector. This could lead to a decrease in the stock price as investors adjust their expectations.
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