Jefferies Upgrades PT On NextEra Energy (NEE)

Jefferies upgraded its price target on NextEra Energy (NYSE: NEE) from $61.50 to $62.50 in a research report published today, after NextEra announced Q1 earnings in line with analysts' estimates.

NextEra raised its earnings per share estimate for this year, but Jefferies failed to do the same, however. Instead, Jefferies fine-tuned its 2012 and 2013 EPS estimates upward by $0.05 to $4.70 and $5.00, respectively.

Jefferies currently has a Buy rating on NextEra's shares.

In yesterday's trading, NextEra gained 0.05% to close the day at $56.60.