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NextEra Energy (NEE) Gets a Buy from Scotiabank

Tipranks - Tipranks - Tue Jul 28, 8:06AM CDT

Scotiabank analyst Andrew Weisel maintained a Buy rating on NextEra Energy today and set a price target of $110.00.

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According to TipRanks, Weisel is a 4-star analyst with an average return of 8.0% and a 72.73% success rate. Weisel covers the Utilities sector, focusing on stocks such as Black Hills, WEC Energy Group, and Vistra Corp.

In addition to Scotiabank, NextEra Energy also received a Buy from BMO Capital’s James Thalacker in a report issued today. 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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