BTIG Raises Price Target on NextEra Energy (NEE) to $112
BTIG raised its price target on NextEra Energy (NEE) to $112 from $103, citing strong first-quarter results and growing demand for electricity. The firm highlighted NextEra's expanding data center backlog, renewable development pipeline, and long-term growth potential. Wells Fargo also raised its price target on NEE to $102.
Tickers: $NEE
Topics: analyst upgrade NextEra Energy price target stock analysis utilities