Morgan Stanley Increases Price Target on NRG Energy (NRG) to $157
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowOn March 23, Morgan Stanley raised its price target for NRG Energy, Inc. (NYSE: NRG) to $157 from $153, while maintaining an 'Equal Weight' rating. Wolfe Research also upgraded NRG's rating from 'Peer Perform' to 'Outperform' with a price target of $190. The utilities sector outperformed the S&P in February, highlighting growth opportunities within the sector. This adjustment indicates a positive outlook for NRG amid discussions of growth and increased demand in the energy market.
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About NRG Energy Inc. (NRG)
NRG Energy is a competitive power producer and retail-electricity provider.
The Utilities sector covers electric, gas and water providers prized for steady, regulated income.
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