Wells Fargo Maintains Overweight on NRG Energy, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on NRG Energy (NYSE:NRG) and increased the price target from $78 to $85.
March 25, 2024 | 12:59 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on NRG Energy and raised the price target from $78 to $85.
The upgrade in the price target by a reputable analyst like Neil Kalton from Wells Fargo is a strong positive signal for NRG Energy. It suggests confidence in the company's future performance and potential for stock price appreciation. This is likely to be viewed positively by investors, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100