Why Is Wall Street So Polarized Over This High-Yield Dividend Stock?
Analysts seem to love utility giant NextEra Energy (NYSE: NEE). Of the 15 analysts surveyed by Refinitiv in May, all but two rated the stock as a "buy" or "strong buy." The average 12-month price target reflects an upside potential of nearly 27%.
It's a different story for NextEra Energy's offspring, limited partnership (LP) NextEra Energy Partners (NYSE: NEP). The LP pays a much higher dividend yield of over 5.7% compared to NextEra Energy's yield of nearly 2.6%.
But there isn't anywhere close to a consensus about NextEra Energy Partners. Why is Wall Street so polarized over this high-yield dividend stock?
Source Fool.com
