Morgan Stanley Maintains Overweight on NextEra Energy, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro has maintained an Overweight rating on NextEra Energy (NYSE:NEE) but lowered the price target from $91 to $79.
October 25, 2023 | 12:42 pm
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Morgan Stanley has maintained an Overweight rating on NextEra Energy but lowered the price target from $91 to $79.
The news is directly about NextEra Energy. While the Overweight rating is positive, the lowering of the price target may have a neutral to slightly negative impact on the stock in the short term as it suggests that the analyst sees less upside potential than before.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100