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Credit Suisse announced NextEra Energy Partners (NYSE:NEP), bumping up its stock price target to $44.00 today

In a report released on 12/7/2017 Credit Suisse increased the stock price target of NextEra Energy Partners (NYSE:NEP) to $44.00 reporting a potential upside of 0.12%.

On Tuesday October 24, 2017, Bank of America (Merrill Lynch) released a statement about NextEra Energy Partners (NYSE:NEP) upped the target price from $0.00 to $35.00 that suggested a downside of -0.15%.

Having a price of $39.34, NextEra Energy Partners (NYSE:NEP) traded 2.43% higher on the day. With the last stock price up 3.49% from the two hundred day average, compared with the Standard & Poor's 500 Index which has maintained over the same period. NEP has recorded a 50-day average of $41.34 and a two hundred day average of $37.89. Trade Volume was up over the average, with 538,888 shares of NEP changing hands over the typical 248,382

Recent Performance Chart

NextEra Energy Partners (NYSE:NEP)

NextEra Energy Partners has PE ratio of 28.83 with a one year low of $23.90 and a one year high of $44.00 and has a market capitalization of $0.

A total of 16 brokerages have released a report on NextEra Energy Partners. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $34.63.

General Company Details For NextEra Energy Partners (NYSE:NEP)

Nextera Energy Partners, LP is a limited partnership formed to acquire, manage and own contracted clean energy projects. The Company, through its limited partnership interest in NextEra Energy Operating Partners, LP (NEP OpCo), owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. The Company's primary business objective is to invest in contracted clean energy projects. As of December 31, 2016, the Company's project portfolio of clean, contracted renewable energy assets (initial portfolio) included approximately 989 megawatts (MW) of wind and solar energy generating facilities located in the United States and Canada. As of December 31, 2016, the Company's portfolio included Genesis, Northern Colorado, Tuscola Bay, Elk City, Perrin Ranch, Bluewater, Moore, Sombra, Shafter, Palo Duro, Stateline, Mammoth Plains, Jericho, Cedar Bluff Wind and Golden Hills Wind.

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