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Stocks•13 February 2026•

1 min read

Cibc World Market Boosts Stake in NextEra Energy by 30.6% in Q3

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Cibc World Market Inc. significantly increased its position in NextEra Energy, Inc. (NEE) during the third quarter, signaling growing institutional confidence in the utility provider. According to recent filings, the firm boosted its stake by 30.6%, bringing its total holdings to 617,270 shares. The current value of this investment is estimated at approximately $46,598,000. This move aligns with broader institutional portfolio adjustments and reflects a positive outlook on the company's long-term growth trajectory. Currently, the consensus analyst price target for NEE stands at $92.95, suggesting notable upside potential from current levels. Market experts maintain a 'Moderate Buy' rating on the stock, further reinforcing the bullish sentiment surrounding the utility giant.

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