JP Morgan Upgrades NextEra Energy Partners to Neutral, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has upgraded NextEra Energy Partners (NYSE:NEP) from Underweight to Neutral, while lowering the price target from $25 to $22.
October 24, 2024 | 11:12 am
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NEUTRAL IMPACT
JP Morgan has upgraded NextEra Energy Partners from Underweight to Neutral, but reduced the price target from $25 to $22.
The upgrade from Underweight to Neutral suggests a more positive outlook, but the lowered price target indicates caution. This mixed signal may result in a neutral short-term impact on NEP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100