Guggenheim Downgrades NextEra Energy Partners to Neutral, Announces $22 Price Target
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza has downgraded NextEra Energy Partners (NYSE:NEP) from Buy to Neutral, setting a price target of $22.
October 28, 2024 | 12:49 pm
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Guggenheim has downgraded NextEra Energy Partners from Buy to Neutral, with a new price target of $22, indicating a less optimistic outlook.
The downgrade from Buy to Neutral by a reputable analyst like Guggenheim suggests a less favorable view on NEP's short-term performance. The $22 price target may lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price.
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