RBC Capital has decided to maintain its Outperform rating of NextEra Energy NEE and lower its price target from $101.00 to $98.00.
Shares of NextEra Energy are trading down 0.01% over the last 24 hours, at $75.57 per share.
A move to $98.00 would account for a 29.68% increase from the current share price.
About NextEra Energy
NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
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