Jefferies Initiates Coverage On NextEra Energy with Hold Rating, Announces Price Target of $87
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on NextEra Energy with a Hold rating and set a price target of $87.
September 19, 2024 | 12:59 pm
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NEUTRAL IMPACT
Jefferies has initiated coverage on NextEra Energy with a Hold rating and a price target of $87, indicating a neutral stance on the stock.
The Hold rating suggests that Jefferies does not see significant upside or downside in the short term for NextEra Energy. The price target of $87 provides a specific valuation benchmark, which is crucial for investors. This neutral stance is likely to result in a stable stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100