NextEra Energy, Inc. (NYSE:NEE) is included among the Dividend Stock Portfolio For Retirement: Top 12 Stock Picks.
On May 21, Morgan Stanley lowered its price recommendation on NextEra Energy, Inc. (NYSE:NEE) to $111 from $115
It reiterated an Overweight rating on the shares. The firm said it updated its price targets for Regulated and Diversified Utilities and independent power producers across North America for April. The analyst also noted that utility stocks underperformed the S&P during the month.
On May 20, Reuters reported that NextEra Energy agreed to acquire US oil and gas investment firm Caliber Resource Partners for $1.3 billion. Reuters also reported that the company formed a joint venture with Caliber’s private equity backer, Quantum Capital Group, to manage NextEra’s U.S. shale assets, citing four sources familiar with the matter. The acquisition gives NextEra greater access to US natural gas supplies.