Evercore ISI Group Maintains Outperform on NextEra Energy Partners, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on NextEra Energy Partners (NYSE:NEP) but has lowered the price target from $32 to $30.
October 24, 2024 | 3:11 pm
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NEGATIVE IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on NextEra Energy Partners but has lowered the price target from $32 to $30, indicating a slight decrease in expected valuation.
The maintenance of an 'Outperform' rating suggests continued confidence in NEP's performance, but the lowered price target indicates a slightly bearish outlook on its valuation. This could lead to a minor negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100