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NextEra Energy (NEE) Gets a Buy from BMO Capital

Tipranks - Tipranks - Tue Jul 28, 6:46AM CDT

In a report released today, James Thalacker from BMO Capital maintained a Buy rating on NextEra Energy, with a price target of $96.00.

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According to TipRanks, Thalacker is a 5-star analyst with an average return of 13.9% and a 74.62% success rate. Thalacker covers the Utilities sector, focusing on stocks such as CMS Energy, PPL, and American Electric Power.

In addition to BMO Capital, NextEra Energy also received a Buy from BTIG’s Alex Kania in a report issued on July 23. However, on July 13, Bank of America Securities maintained a Hold rating on NextEra Energy (NYSE: NEE).

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Based on NextEra Energy’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $7.53 billion and a net profit of $3.14 billion. In comparison, last year the company earned a revenue of $6.7 billion and had a net profit of $2.03 billion

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