NextEra Energy price target raised to $79 from $78 at BMO Capital

BMO Capital analyst James Thalacker raised the firm’s price target on NextEra Energy to $79 from $78 but keeps an Outperform rating on the shares. The stock came under pressure as the company’s medium-term updates fell short of elevated expectations, though the themes of this year’s update included continued strong regulated capital growth at Florida Power & Light, or FPL, the analyst tells investors in a research note. NextEra Energy showcasing its technological and scale advantages should also drive superior returns for the company, the firm added.