BMO, BTIG Reaffirm Bullish Outlook on NextEra Energy (NEE)

Core Viewpoint - NextEra Energy, Inc. is recognized as a leading hydrogen stock with strong growth potential, supported by recent price target adjustments from analysts [1][2][3]. Group 1: Analyst Ratings and Price Targets - BMO Capital Markets reduced the price target for NextEra Energy to $89 from $90 while maintaining an Outperform rating, reflecting a shift in valuation year to 2028 [1]. - BTIG increased its price target for NextEra to $100 from $98, affirming a Buy rating, citing the company's strong long-term EPS growth target of 8% or higher through 2035 [3]. Group 2: Growth Projections - BMO highlighted that NextEra's management anticipates EPS growth exceeding 8% CAGR through 2035, an increase from the previous guidance of 6-8% [2]. - The revised EPS growth rate is expected to start from a higher base between 2025 and 2032, indicating a robust foundation for long-term growth [2]. Group 3: Company Overview - NextEra Energy is the largest generator of renewable energy in North America, operating extensive wind and solar farms, battery storage facilities, and transmission infrastructure [4]. - The company is actively investing in technologies that facilitate the integration of hydrogen and other clean energy solutions into its grid and generation systems [4].