How Will NextEra Energy (NEP) Stock React To These Coverage Initiations?

NEW YORK (TheStreet) -- Several firms initiated coverage of NextEra Energy Partners  (NEP) today, including BMO Capital Markets with an "outperform" rating and a $39 price target, Deutsche Bank (DB) with a "hold" rating and a $32 price target, and KeyBanc  (KEY) with a "hold" rating.

Analysts viewed the clean energy company's growth prospects favorably as it reported yesterday that its Bluewater Wind Energy Center in Huron County, Ontario has begun commercial operation.

Shares of NextEra Energy are down -0.78% to $34.25 today.

NEP Chart NEP data by YCharts

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