Morgan Stanley Reiterates “Underweight” Rating for Nextera Energy Partners (NYSE:NEP)

Morgan Stanley reissued their underweight rating on shares of Nextera Energy Partners (NYSE:NEPFree Report) in a report published on Monday,Benzinga reports. The firm currently has a $13.00 price target on the stock, down from their prior price target of $22.00.

Separately, Barclays lowered their price target on Nextera Energy Partners from $17.00 to $7.00 and set an “underweight” rating for the company in a research report on Monday.

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Nextera Energy Partners Stock Performance

About Nextera Energy Partners

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NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.

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