NextEra Energy price target raised to $88 from $85 at Jefferies

Jefferies analyst Julien Dumoulin-Smith raised the firm’s price target on NextEra Energy (NEE) to $88 from $85 and keeps a Hold rating on the shares. Following deep-dive to update EPS estimates after NextEra’s analyst day, the firm projects about a 9% EPS compound annual growth rate through 2032, exceeding the company’s 8%-plus guidance and 7.6% consensus for 2025-2032, the analyst tells investors.