NextEra Energy Partners price target lowered to $81 from $95 at Guggenheim

Guggenheim analyst Shahriar Pourreza lowered the firm’s price target on NextEra Energy Partners to $81 from $95 and keeps a Buy rating on the shares after "modestly" adjusting distribution expectations and adjusting the firm’s valuation to reflect capital market conditions. The firm in its note is "also in part defending recent investor bear calls," as it sees these as "too draconian and somewhat flawed" and does not see the headwinds referenced warranting the selloff in the units.