NextEra Energy, Inc. (NYSE:NEE) is ranked among the best slow growth stocks to invest in following a rate dispute settlement approval by the Florida Public Service Commission. UBS reaffirmed a Buy rating and $96 price target for NEE on November 21. The settlement deal with NextEra’s subsidiary, Florida Power & Light (FPL), sets new retail base rates and charges from January 2026 through at least December 2029, with annual retail base revenue growth of $945 million in 2026 and an additional $705 million in 2027.

This development gives NextEra Energy, Inc. (NYSE:NEE) a boost ahead of its analyst meeting on December 8, with UBS predicting EPS growth of 8% or higher. The company’s investments in data center expansion, generation, and transmission facilities are expected to strengthen its Florida-regulated business outlook. NextEra Energy, Inc. (NYSE:NEE) is a North American energy company that generates, transmits, and distributes electricity from various clean energy sources.

While acknowledging NEE’s investment potential, UBS believes certain AI stocks offer greater upside potential and less downside risk. For those seeking an undervalued AI stock benefitting from the onshoring trend, check out the free report on the best short-term AI stock. The article is published on Insider Monkey’s website.

Read more at Yahoo Finance: UBS Reaffirms Buy Rating on NextEra Energy (NEE) After Rate Dispute Settlement