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Stock impact report

UBS Raises NextEra Energy (NEE) Target on Strength in NEER Segment [Yahoo! Finance]

NextEra Energy, Inc. (NEE) 
Last nextera energy, inc. earnings: 4/22 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.nexteraenergy.com
Company Research Source: Yahoo! Finance
NextEra Energy, Inc. (NYSE: NEE ) is included among the 14 Best American Dividend Stocks to Invest in UBS Raises NextEra Energy (NEE) Target on Strength in NEER Segment On March 5, UBS boosted its price recommendation on NextEra Energy, Inc. (NYSE:NEE) to $104 from $91. The firm reiterated a Buy rating on the shares. The analyst said the company is benefiting from strong demand for new power generation. That demand is especially visible in the competitive NEER segment, where the company's scale and multi-technology capabilities position it to serve large-load customers such as data centers. The analyst added that some investors remain skeptical about the company's target of more than 8% EPS growth. The concern largely centers on execution risk tied to future gas plant contracts and data center development in Florida. At the same time, UBS said securing additional generation deals could improve confidence in the outlook and support further upside in the stock's valuation. Next Show less Read more
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