NextEra Energy Partners shares are trading lower after RBC Capital downgraded the stock from Outperform to Sector Perform and lowered its price target from $38 to $30.
Portfolio Pulse from Benzinga Newsdesk
NextEra Energy Partners shares are trading lower after RBC Capital downgraded the stock from Outperform to Sector Perform and lowered its price target from $38 to $30.
July 01, 2024 | 7:33 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
NextEra Energy Partners shares are trading lower following a downgrade by RBC Capital from Outperform to Sector Perform, with a reduced price target from $38 to $30.
The downgrade by RBC Capital and the significant reduction in the price target are likely to negatively impact investor sentiment and lead to a short-term decline in NEP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100