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Why This NextEra Energy Analyst Is No Longer Bullish
NEENextEra Energy(NEE) Benzinga·2024-07-02 00:01

NextEra Energy Partners LP NEP shares tanked in early trading on Monday. Loading... The NextEra Energy Partners Analyst: Shelby Tucker downgraded the rating for NextEra Energy Partners from Outperform to Sector Perform, while reducing the price target from $38 to $30. The NextEra Energy Partners Thesis: The suite of solutions offered by the company is insufficient for it to maintain a healthy CAFD run-rate that would satisfy dividend payouts, given its CEPF liability post-2026, Tucker said in the downgrade ...