Analysts Offer Insights on Utilities Companies: NextEra Energy (NEE) and Fortis (FTS)
Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on NextEra Energy (NEE) and Fortis (FTS).
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NextEra Energy (NEE)
In a report released yesterday, Marie Ferguson from Argus Research maintained a Buy rating on NextEra Energy. The company’s shares closed last Friday at $95.28.
According to TipRanks.com, Ferguson is a 4-star analyst with an average return of
Currently, the analyst consensus on NextEra Energy is a Moderate Buy with an average price target of $98.75, implying a 1.6% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $109.00 price target.
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Fortis (FTS)
In a report released yesterday, Eli Jossen from J.P. Morgan maintained a Sell rating on Fortis, with a price target of C$76.00. The company’s shares closed last Friday at $56.33.
According to TipRanks.com, Jossen is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Fortis with a $58.37 average price target, a 3.1% upside from current levels. In a report issued on April 9, Bank of America Securities also reiterated a Sell rating on the stock with a $53.00 price target.
Read More on NEE:
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- AI Models Turn More Positive on NextEra Energy (NEE) as Renewables Growth and Cash Flows Impress
- NextEra Energy Reiterates 2025 Risk Factors, but Analyst Warns of Ongoing and Emerging Uncertainties for NEE and FPL
- NextEra Energy price target raised to $112 from $103 at BTIG
- NextEra Energy price target raised to $102 from $99 at Wells Fargo
- NextEra Energy Earnings Call Highlights Growth Momentum
