Nextera Energy Partners’ (NEP) “Underweight” Rating Reiterated at Morgan Stanley

Nextera Energy Partners (NYSE:NEPGet Free Report)‘s stock had its “underweight” rating reissued by investment analysts at Morgan Stanley in a research report issued to clients and investors on Monday,Benzinga reports. They currently have a $13.00 price objective on the stock, down from their previous price objective of $22.00.

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

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Nextera Energy Partners Stock Performance

About Nextera Energy Partners

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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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