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Morgan Stanley decreased their price target on NextEra Energy Partners from $88.00 to $86.00 and set an “equal weight” rating for the company in a research report on Monday, January 23rd.
NextEra Energy Partners continues to rapidly grow its revenues, selling of renewable energy last year.
Source: https://investorplace.com/2023/02/7-green-stocks-to-buy-for-a-more-sustainable-future/
NextEra Energy Partners had a net margin of 39.39% and a return on equity of 4.00%.
"NextEra Energy Partners is revising its long-term growth rate expectations for limited partner distributions to increase its flexibility as it continues to execute on its growth opportunities," said John Ketchum, chairman and chief executive officer.