J.P. Morgan analyst Jeremy Tonet maintained a Buy rating on NextEra Energy yesterday and set a price target of $94.00. The company’s shares closed yesterday at $84.30.
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According to TipRanks, Tonet is a 5-star analyst with an average return of 9.2% and a 59.24% success rate. Tonet covers the Energy sector, focusing on stocks such as Venture Global, Inc. Class A, AltaGas, and Hess Midstream Partners.
In addition to J.P. Morgan, NextEra Energy also received a Buy from Evercore ISI’s Nicholas Amicucci in a report issued on October 6. However, yesterday, Bank of America Securities reiterated a Hold rating on NextEra Energy (NYSE: NEE).
NEE market cap is currently $171.6B and has a P/E ratio of 29.04.
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