Shares of XPLR Infrastructure (NEP) tumbled more than 10% in morning trade on Wednesday after multiple price target cuts from brokerages a day after the company announced a strategic pivot.
Jefferies lowered the firm’s price target on XPLR Infrastructure (NEP) to $15 from $25 and keeps a Buy rating on the shares after the company announced a full distribution cut and guided to ...
Investing.com -- Shares of XPLR Infrastructure, LP (NYSE:NEP) fell sharply by 24% as the company announced a suspension of its dividend and a strategic pivot away from its previous acquisition and ...
On Wednesday, JPMorgan analyst Mark Strouse reduced the price target for XPLR Infrastructure (NYSE: NEP) to $13.00, down from $20.00, while keeping a Neutral rating on the stock.
XPLR Infrastructure lost more than a quarter its market value after the renewable-energy company said it would indefinitely stop distributions to unitholders and named a new chief executive as it ...
XPLR was previously known as NextEra Energy Partners Shares plunge 32% as dividends halted for ‘indefinite period’ Shares in XPLR Infrastructure LP plunged after the company formerly known as NextEra ...
(Reuters) - XPLR Infrastructure said on Tuesday it will suspend its distribution to unitholders for an indefinite period, sending the company's shares down 30%. The move comes as XPLR looks to ...