JP Morgan Downgrades NextEra Energy Partners to Underweight, Announces $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has downgraded NextEra Energy Partners (NYSE:NEP) from Neutral to Underweight and set a price target of $25.
May 23, 2024 | 10:33 am
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JP Morgan analyst Mark Strouse downgraded NextEra Energy Partners (NYSE:NEP) from Neutral to Underweight and set a price target of $25.
The downgrade from Neutral to Underweight and the announcement of a $25 price target by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and the stock price of NextEra Energy Partners in the short term.
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