Nextera Energy Partners (NYSE:NEP) Receives Underweight Rating from Morgan Stanley

Nextera Energy Partners (NYSE:NEPGet Free Report)‘s stock had its “underweight” rating restated by analysts at Morgan Stanley in a report issued on Monday,Benzinga reports. They currently have a $13.00 price target on the stock, down from their previous price target of $22.00.

Separately, Barclays decreased their price objective on shares of Nextera Energy Partners from $17.00 to $7.00 and set an “underweight” rating for the company in a report on Monday.

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Nextera Energy Partners Stock Performance

Nextera Energy Partners Company Profile

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NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.

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