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Citi Downgrades NextEra Energy Despite Outperformance (NEE)
Tuesday, July 27, 2010 - 9:56am | 104NextEra Energy (NEE) has been downgraded by Citi to Hold from Buy. Citi analysts Brian Chin and Hasan Doza said, Since the end of the first quarter (see related 3/24/10 note, NextEra Energy),NextEra has outperformed the S&P 500 Index and the Philadelphia Utility Index (UTY) by ~14% and ~6%,...