Jefferies Downgrades NextEra Energy (NEE) to Hold

November 7, 2011 7:32 AM EST
Get Alerts NEE Hot Sheet
Price: $85.92 -0.31%

Rating Summary:
    23 Buy, 10 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 12 | Down: 22 | New: 20
Join SI Premium – FREE
Jefferies downgraded NextEra Energy (NYSE: NEE) to Hold with a price target of $57, citing a reduced earnings outlook.

The firm noted that the midpoint of the company's 2012 EPS guidance of $4.35-$4.6 was $0.22 below consensus and $0.25 below their estimate.

For more ratings news on NextEra Energy click here and for the rating history of NextEra Energy click here.

Shares of NextEra Energy closed at $56.44 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Downgrades

Related Entities

Jefferies & Co, Earnings