Barclays Has Lowered Expectations for Nextera Energy Partners (NYSE:NEP) Stock Price

Nextera Energy Partners (NYSE:NEPGet Free Report) had its price target reduced by research analysts at Barclays from $17.00 to $7.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has an “underweight” rating on the stock.

Nextera Energy Partners Stock 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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