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NextEra Energy Partners downgraded to Neutral from Buy at Mizuho

Mizuho downgraded NextEra Energy Partners to Neutral from Buy with a $33 price target. The company’s management continues to evaluate possibilities to address the longer-term balance sheet issues, the analyst tells investors in a research note. The firm says that given the uncertainties on the path forward, and NextEra Energy Partners’ 11% yield, the shares at current levels are reflective of the risk/reward profile.

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