NextEra Energy downgraded to "hold" rating

NextEra Energy has received a rating downgrade from a financial analyst. The analyst has changed their view on the company's stock to "hold" instead of "buy." NextEra Energy consists of two main parts. One is its Florida utility business, Florida Power & Light (FPL), which serves around six million customer accounts. This means about twelve million people rely on its services. The other part involves the company's renewable energy projects across the United States. This downgrade indicates the analyst's concern about the company's future performance. They have not specified the exact reasons for the downgrade. However, their change in rating suggests they believe it may be better to wait before making any investment decisions regarding NextEra Energy. The analyst also confirms they hold shares in NextEra Energy, which means they have a personal investment in the company. However, they stress that their opinions are their own and not influenced by any pay or business relationships.