Morgan Stanley restated their underweight rating on shares of Nextera Energy Partners (NYSE:NEP – Free Report) in a research report released on Monday,Benzinga reports. The brokerage currently has a $13.00 price objective on the stock, down from their previous price objective of $22.00.
Separately, Barclays decreased their target price on shares of Nextera Energy Partners from $17.00 to $7.00 and set an “underweight” rating on the stock in a report on Monday.
Read Our Latest Stock Analysis on NEP
Nextera Energy Partners Price Performance
About Nextera Energy Partners
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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