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

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

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

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Nextera Energy Partners Price 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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