NextEra Energy Poised For Strong EPS Growth With Renewable Expansion, Says Goldman Sachs Analyst

Goldman Sachs analyst Carly Davenport raised the price target for NextEra Energy, Inc. NEE to $92 (from$86) and reiterated the Buy rating.Recently, the company reported third-quarter adjusted EPS of $1.03 exceeded the estimate of$0.98, while sales of $7.567 billion fell short of the$8.054 billion estimate.The analyst says the quarter underscored strong demand for renewables amid growing power needs, showcasing NEE’s competitive advantages as a developer to capitalize on this trend.While the analyst remai ...