NextEra Energy (NEE): Price Target and June Short Interest Disclosure

NextEra Energy (NEE) : Average target price received by NextEra Energy (NEE) is $129.44 with an expected standard deviation of $10.42. The most aggressive target on the stock is $146, whereas the most downbeat target is $115. 9 financial analysts are currently covering the stock.

NextEra Energy (NEE) reported a rise of 9.1% or 830,081 shares in its short interest. The short figure came in at 2.2% of the total floats. The average daily volume of 2,389,339 shares suggests that the days to cover 9,920,463 short positions, as on June 30,2016, will be 4. On June 15,2016, the short interest was 9,090,382 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, In the latest statement by the brokerage house, Macquarie downgrades its outlook on NextEra Energy (NYSE:NEE). The current rating of the shares is Neutral, according to the research report released by the firm. Previously, the company had a rating of Outperform. The rating by the firm was issued on April 4, 2016.


NextEra Energy (NYSE:NEE): On Thursdays trading session , Opening price of the stock was $127.28 with an intraday high of $128.1. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $126.54. However, the stock managed to close at $127.24, a loss of 0.73% for the day. On the previous day, the stock had closed at $128.17. The total traded volume of the day was 2,455,775 shares.

NextEra Energy, Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER owns, develops, constructs, manages and operates electric generating facilities in wholesale energy markets primarily in the United States, as well as in Canada and Spain. Corporate and Other segment represents other business activities, primarily NextEra Energy Transmission, LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission, LLC, a transmission service provider in Texas, and New Hampshire Transmission, LLC, a transmission owner in ISO New England.

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