Market Overview

UPDATE: Jefferies Reiterates Hold Rating, Raises PT on NextEra Energy

Share:

In a report published Wednesday, Jefferies reiterated its Hold rating on NextEra Energy (NYSE: NEE), and raised its price target from $71.00 to $74.00.

Jefferies noted, “NextEra announced strong 4Q12 EPS of $1.03 versus FC Consensus of $0.96 and Jefferies estimate of $0.95. The beat was primarily due to a $0.04 benefit from gas infrastructure that we assumed was a negative. The company also provided 2013 EPS guidance of $4.70-$5.00 which compares to FC Consensus of $4.94 and our estimate of $4.85.”

NextEra Energy closed on Tuesday at $72.40.

Latest Ratings for NEE

DateFirmActionFromTo
Jan 2021Morgan StanleyMaintainsEqual-Weight
Jan 2021Credit SuisseMaintainsNeutral
Dec 2020Morgan StanleyMaintainsEqual-Weight

View More Analyst Ratings for NEE
View the Latest Analyst Ratings

 

Related Articles (NEE)

View Comments and Join the Discussion!

Posted-In: JefferiesAnalyst Color Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
MRTXHC Wainwright & Co.Maintains257.0
NVDATruist SecuritiesMaintains672.0
NVDASusquehannaMaintains625.0
BLKBMO CapitalMaintains715.0
BLKDeutsche BankMaintains838.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com