Morgan Stanley restated their underweight rating on shares of Nextera Energy Partners (NYSE:NEP – Free Report) in a research note issued to investors on Monday,Benzinga reports. The firm currently has a $13.00 price target on the stock, down from their prior price target of $22.00.
Separately, Barclays lowered their price objective on 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
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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