Evercore ISI analyst Durgesh Chopra raised the firm’s price target on NextEra Energy to $75 from $70 and keeps an In Line rating on the shares after the company hosted its 2024 investor conference yesterday, reaffirmed its EPS guidance through 2026 and extended its 6%-8% growth target through 2027. The company also extended its renewable backlog by one year through 2027 and raised it by 11% at the midpoint, which was below investor expectations, the analyst noted.
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