Jefferies Maintains a 'Hold' on NextEra Energy (NEE); In-Line 4Q11; Maintain Estimates

Jefferies maintains a 'Hold' on NextEra Energy (NYSE: NEE) price target raised from $57 to $60.

Jefferies analyst said, "We expect NextEra Energy to have average CAGR in earnings through 2014, driven by rate base additions at the utility and investment in non-regulated wind/solar generation, transmission and gas infrastructure."

"We are maintaining our 2012 EPS estimate of $4.50 which is in-line with the company’s reaffirmed guidance range of $4.35-$4.65."

For an analyst ratings summary and ratings history on NextEra Energy click here. For more ratings news on NextEra Energy click here.

Shares of NextEra Energy closed at $59.92 yesterday.

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