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Fly News Breaks for March 16, 2018
NEP
Mar 16, 2018 | 06:31 EDT
BofA/Merrill upgraded NextEra two notches to Buy from Underperform and raised its price target to $43 from $38. Analyst Julien Dumoulin-Smith said NexEra is the "most credible drop-down story" in MLP's due to its unmatched growth potential, financial flexibility, and other YieldCo's limited long-term growth prospects and structural tax implications from the FERC order.
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