Seaport Research lowered the firm’s price target on NextEra Energy Partners (NEP) to $14 from $15 and keeps a Sell rating on the shares. The company’s Q3 cash available for distribution, CAFD, was “much weaker than we had feared” and management pulled its CAFD guidance, the analyst tells investors.
NextEra Energy Partners price target lowered to $14 from $15 at Seaport
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