Mizuho Maintains Buy on NextEra Energy Partners, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell has maintained a Buy rating on NextEra Energy Partners (NEP) but reduced the price target from $40 to $33.

December 12, 2023 | 12:52 pm
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Mizuho analyst maintains a Buy rating on NextEra Energy Partners but lowers the price target to $33, indicating a potential downside from the previous target.
The reduction in the price target for NextEra Energy Partners by Mizuho suggests that there may be factors such as market conditions, company performance, or sector challenges that have led to a reassessment of the company's future share price potential. While the Buy rating indicates a positive outlook on the stock, the lowered price target could lead to a negative short-term impact on investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100