UPDATE: Credit Suisse Initiates Coverage On Nextera Energy Partners LP On Visibility to Growth


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


In a report published Friday, Credit Suisse analyst Dan Eggers initiated coverage on Nextera Energy Partners LP (NYSE: NEP) with an Outperform rating and $46.00 price target.In the report, Credit Suisse noted, “We see NEP as a best-in-class growth stock that can sustain double-digit CAFD (cash available for distribution) growth through asset drop-downs from parent NextEra Resources (NEE), supporting 15% annual dividend growth for the next 10 years. For long-term investors looking for better than market yield plus nearly twice as fast growth from visible contracts, we believe NEP offers a compelling investment package. We are initiating coverage of NEP with an Outperform rating and a $46 price target.”Nextera Energy Partners LP closed on Thursday at $36.60.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: Analyst ColorInitiationAnalyst RatingsCredit SuisseDan Eggers