CIBC Maintains Neutral on NextEra Energy Partners, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Mark Jarvi has maintained a Neutral rating on NextEra Energy Partners (NYSE:NEP) while lowering the price target from $34 to $32.

October 22, 2024 | 9:00 pm
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CIBC analyst Mark Jarvi has maintained a Neutral rating on NextEra Energy Partners and lowered the price target from $34 to $32, indicating a slightly bearish outlook.
The lowering of the price target from $34 to $32 by CIBC suggests a slightly bearish sentiment towards NEP's short-term performance. Maintaining a Neutral rating indicates no strong buy or sell recommendation, but the reduced target price could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100