Wells Fargo analyst Neil Kalton raised the firm’s price target on NextEra Energy to $105 from $100 to reflect higher peer group multiples since his last update, while keeping an Overweight rating on the shares. His outlook for the sector is not as bullish heading into 2023, nor is he outright bearish.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on NEE:
- ‘Stay defensively oriented in healthcare, staples, and utilities stocks’: Morgan Stanley suggests 3 names to buy
- NextEra Energy put volume heavy and directionally bearish
- 3 Alternative Energy Stocks That Could Power Higher in 2023
- NextEra Energy Partners, LP announces agreement to acquire an approximately 1,080-megawatt net interest in a portfolio of long-term contracted renewables projects and enters into new convertible equity portfolio financing
- Republican Virginia Foxx Sold These 2 Energy Stocks in October