Morgan Stanley reissued their underweight rating on shares of Nextera Energy Partners (NYSE:NEP – Free Report) in a research note published on Monday,Benzinga reports. Morgan Stanley currently has a $13.00 target price on the stock, down from their previous target price of $22.00.
Separately, Barclays dropped their price objective on Nextera Energy Partners from $17.00 to $7.00 and set an “underweight” rating for the company in a research note on Monday.
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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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