NextEra's Renewables Focus And Strong Balance Sheet Justify Premium Valuation: Goldman Sachs
1. Goldman Sachs maintains a Buy rating on NEE with a price target of $94. 2. NEE emphasizes renewables amid supply chain challenges for gas power plants. 3. Power demand expected to grow 55% by 2040, driven by various sectors. 4. Positive outlook on NEE's generation and transmission advantages noted by analysts. 5. NEE reported revenues of $5.385 billion, missing estimates but EPS met consensus.