B of A Securities Maintains Neutral on NextEra Energy, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith maintains a Neutral rating on NextEra Energy (NEE) and raises the price target from $61 to $67.
April 23, 2024 | 4:04 pm
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POSITIVE IMPACT
NextEra Energy's price target was raised from $61 to $67 by B of A Securities, while maintaining a Neutral rating.
The increase in price target by a reputable analyst firm like B of A Securities suggests a positive outlook on the stock's value, potentially leading to increased investor confidence and a short-term positive impact on the stock price. The maintenance of a Neutral rating indicates that while the outlook is improved, there may still be factors that could limit significant price appreciation in the immediate term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100