Morgan Stanley Maintains Overweight on NextEra Energy, Lowers Price Target to $111
Morgan Stanley analyst David Arcaro maintains NextEra Energy (NYSE:NEE) with a Overweight and lowers the price target from $114 to $111.
Stocks · News reference
NextEra Energy (NYSE:NEE) affirms FY2026 Adj EPS guidance from $3.92-$4.02 to $3.92-$4.02 vs $4.02 analyst estimate..
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Morgan Stanley analyst David Arcaro maintains NextEra Energy (NYSE:NEE) with a Overweight and lowers the price target from $114 to $111.
NextEra Energy (NEE) closed at $81.28 with a modest +1.13% daily gain but has underperformed over the past month, declining 6.45%. The company is projected to report earnings of $1.17 per share with 3.54% year-over-year growth and revenue of $9.19 billion (+15.4% YoY). However, NEE carries a Zacks Rank #4 (Sell) rating with a Forward P/E of 20.21, trading at a premium to its industry average of 16.92.
Cramer recommends Nokia and Seanergy Maritime, calls BWX too expensive, urges caution on Hub Group, and advises selling NextEra Energy.