Morgan Stanley restated their overweight rating on shares of NextEra Energy (NYSE:NEE) in a report issued on Tuesday, AR Network reports. They currently have a $121.00 target price on the stock, up from their previous target price of $106.00. NextEra Energy, Inc. (NYSE:NEE) stock opened today at $95.58 and is currently trading at $95.87. The stock showed a positive weekly performance of 1.24%.
Duke Energy Corp. (NYSE:DUK) has temporarily halted the use of a chemical product that slows tree growth after concerns were raised by customers,according to the Associated Press. The “growth regulator” was to be injected into the ground near trees within Duke Energy’s rights of way and Greensboro was among three cities where the chemical was to be tested.Duke Energy Corp (NYSE:DUK) stock opened at $71.53, in current trading session and currently is at $71.83, by gaining 0.34%.The 52 week range of $64.16-$75.46. Company’s market capitalization is $50.79 billion.
Public Service Enterprise Group Inc. (NYSE:PEG) transmission business continues to perform better than expected in the industry something that should drive the company’s earnings as well as, boost its return on invested capital. The company has already allocated $10 billion of its $12 billion capital expenditure, to be used in driving growth in the Transmission business.Public Service Enterprise Group Inc. (NYSE:PEG) stock is currently trading at $38.83 .The EPS of the stock is 2.45. Company’s market capitalization is $19.65 billion.
American Electric Power Company Inc (NYSE:AEP) now expects more coal to be a part of its energy portfolio by 2020, replacing natural gas. American Electric Power Company Inc (NYSE:AEP) has said that coal will make up 46 percent of its generation capacity. Now, the company says 51 percent is the forecast. American Electric Power Company Inc (NYSE:AEP) stock opened the session at $51.11, and now is at $51.18. The 52 week range of the AEP stock remained $41.83-$51.90 and the day range was $51.01-$51.47.