Mizuho Maintains Buy Rating for NextEra Energy Partners: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Mizuho has maintained its Buy rating for NextEra Energy Partners (NEP) but reduced its price target from $40.00 to $33.00. NEP's shares are currently trading at $26.80, down 0.04% over the last 24 hours. The new price target suggests a potential upside of 23.13% from the current price. NextEra Energy Partners focuses on owning and managing contracted clean energy projects and natural gas infrastructure assets in North America.
December 12, 2023 | 5:00 pm
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Mizuho maintains a Buy rating for NextEra Energy Partners with a reduced price target of $33, indicating a potential 23.13% increase from the current trading price of $26.80.
The maintenance of a Buy rating by Mizuho suggests a positive outlook on NEP, while the reduction in price target may reflect adjustments in market conditions or company valuation. The potential upside of 23.13% is significant and could influence investor sentiment positively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100