BofA raised the firm’s price target on NextEra Energy to $67 from $61 and keeps a Neutral rating on the shares. The firm, which notes that its Q1 EPS estimate of 73c is below the prior year quarter of 84c and modestly below the consensus forecast of 76c, is adjusting its EPS estimates for 2024 and 2025 to $3.37 and $3.66, respectively.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEE:
- NextEra Energy first-quarter 2024 financial results available on company’s website
- Options Volatility and Implied Earnings Moves Today, April 23, 2024
- Options Volatility and Implied Earnings Moves This Week, April 22 – April 26, 2024
- NextEra Energy (NYSE:NEE) Q1 Earnings Preview: Is Another Beat in Store?
- NextEra Energy price target lowered to $68 from $77 at BMO Capital