NextEra Energy's (NEE) price target has been increased by BMO Capital Markets, despite not-so-appealing return trends. Organizational changes have been announced and a chief risk officer position created due to growing energy demand. Q1 2024 earnings surpassed estimates indicating good cash generation fundamentals. They welcomed a new CFO and increased their executive team. Institutional investors own 80% of NEE, signaling trust in the firm. The stock, however, has been underperforming compared to the market. NEE also got approval for a rate decline in Florida. Deemed a potential 'millionaire-maker', NEE continues to attract investors amid inquiries about its high cost.
Nextra Energy NEE News Analytics from Fri, 29 Sep 2023 07:00:00 GMT to Thu, 09 May 2024 08:49:19 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 0
