Seaport Global analyst Angie Storozynski reiterated a Sell rating on Nextera Energy Partners (NEP – Research Report) today and set a price target of $15.00. The company’s shares closed yesterday at $27.00.
Storozynski covers the Utilities sector, focusing on stocks such as NextEra Energy, Nextera Energy Partners, and CMS Energy. According to TipRanks, Storozynski has an average return of 11.7% and a 66.67% success rate on recommended stocks.
Nextera Energy Partners has an analyst consensus of Hold, with a price target consensus of $31.38.
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NEP market cap is currently $2.53B and has a P/E ratio of 12.63.
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Nextera Energy Partners (NEP) Company Description:
NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.
Read More on NEP:
- Clearway Energy price target raised to $25 from $23 at Morgan Stanley
- NextEra Energy Partners price target lowered to $15 from $15.50 at Seaport Research
- NextEra Energy Partners initiated with an Outperform at Evercore ISI
- NextEra Energy Partners sees 2024 r adjusted EBITDA $1.9B-$2.1B
- NextEra Energy Partners reports Q4 EPS $1.20, consensus 16c
