NextEra Energy price target raised to $61 from $57 at BofA

BofA analyst Julien Dumoulin-Smith raised the firm’s price target on NextEra Energy to $61 from $57 and keeps a Neutral rating on the shares ahead of Q4 earnings. The firm increased target follows its latest mark-to-market, notes the analyst, who expects management to reiterate the growing opportunity set at Energy Resources while emphasizing the advantages of scale as smaller competitors continue to face delays when the company reports Q4 results.