NextEra Energy (NEE) PT Raised to $94 at BofA Securities

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NextEra Energy (NEE) the 'Biggest Winner' From the Inflation Reduction Act - BofA

September 6, 2022 11:30 AM EDT

Morgan Stanley analyst David Arcaro upgraded shares of NextEra Energy (NYSE: NEE) in a note Tuesday, increasing the price target to $99 per share from $94.

In a wide-ranging note, Arcaro said they expect NEE to be one of the biggest beneficiaries of the Inflation Reduction Act, "which brings faster wind, storage, and battery storage growth for the next 10+... More