NextEra Energy Partners shares are trading lower after JP Morgan downgraded the stock from Neutral to Underweight and announced a $25 price target.
Portfolio Pulse from Benzinga Newsdesk
NextEra Energy Partners shares are trading lower after JP Morgan downgraded the stock from Neutral to Underweight and announced a $25 price target.
May 23, 2024 | 3:45 pm
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NEGATIVE IMPACT
NextEra Energy Partners (NEP) shares are experiencing a decline following a downgrade by JP Morgan from Neutral to Underweight, with a new price target of $25.
The downgrade by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and lead to a short-term decline in NEP's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100