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NextEra Energy Inc (NEE) rating initates by Jefferies

In a filing, NextEra Energy Inc revealed its VP, Controller and CAO May James Michael unloaded Company’s shares for reported $0.16 million on Feb 18 ’25. In the deal valued at $68.09 per share,2,383 shares were sold. As a result of this transaction, May James Michael now holds 27,427 shares worth roughly $1.96 million.

Then, May James Michael bought 2,383 shares, generating $162,258 in total proceeds.

Before that, Daggs Nicole J sold 4,007 shares. NextEra Energy Inc shares valued at $302,809 were divested by the EVP, Human Res & Corp Svcs at a price of $75.57 per share. As a result of the transaction, Daggs Nicole J now holds 15,792 shares, worth roughly $1.13 million.

Jefferies initiated its NextEra Energy Inc [NEE] rating to a Hold in a research note published on September 19, 2024; the price target was $87. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid June from “a Buy” to “a Neutral”. Barclays began covering NEE with “an Equal weight” recommendation on April 10, 2024. Citigroup started covering the stock on December 08, 2023. It rated NEE as “a Buy”.

Price Performance Review of NEE

On Monday, NextEra Energy Inc [NYSE:NEE] saw its stock jump 2.07% to $71.62. Over the last five days, the stock has gained 1.16%. NextEra Energy Inc shares have fallen nearly -0.10% since the year began. Nevertheless, the stocks have risen 30.12% over the past one year. While a 52-week high of $86.10 was reached on 01/24/25, a 52-week low of $53.95 was recorded on 01/13/25. SMA at 50 days reached $70.48, while 200 days put it at $75.88.

Levels Of Support And Resistance For NEE Stock

The 24-hour chart illustrates a support level at 70.51, which if violated will result in even more drops to 69.41. On the upside, there is a resistance level at 72.21. A further resistance level may holdings at 72.81. The Relative Strength Index (RSI) on the 14-day chart is 55.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.88%. Stochastics %K at 64.41% indicates the stock is a holding.

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