NRG Energy Upgraded: Positioned for Continued Outp…

From Financial Modeling Prep: 2025-01-21 10:36:00

NRG Energy (NYSE:NRG) shares rose over 2% pre-market as Evercore ISI upgraded the company to Outperform with a $126 price target, citing strong growth prospects and attractive valuation. Despite a 75% increase in the last year, NRG is seen as undervalued compared to peers, with significant upside potential.

Analysts expect NRG to benefit from market conditions and its position in the power generation sector. Valuation methodology supports a $126 price target, offering an attractive total shareholder return of approximately 22%. Strong stock performance in 2024 is expected to continue into 2025, driven by robust fundamentals and market dynamics.



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