5 Stocks Receiving a Massive Vote of Approval From Wall Street Analysts

02. NextEra Energy Partners, LP (NYSE:NEP)

Price Reaction after the Upgrade: +2.07 (+4.26%)

On August 29, Raymond James analyst Pavel Molchanov recently advanced his assessment of NextEra Energy Partners, LP (NYSE:NEP), upgrading the company’s rating from Market Perform to Outperform. This strategic shift in evaluation is accompanied by a designated price target of $60. Currently trading at $50.66, the stock has demonstrated a notable surge of 4.2%. Raymond James’ adjusted analysis underlines their evolving perspective on NextEra Energy Partners, LP (NYSE:NEP), suggesting increased confidence in the company’s potential for growth and performance in the market. This upgrade, transitioning from Market Perform to Outperform, signifies Raymond James’ heightened optimism.