Wells Fargo Maintains Overweight on NRG Energy, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on NRG Energy and increased the price target from $110 to $120.
September 05, 2024 | 3:27 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on NRG Energy and increased the price target to $120, indicating confidence in the company's future performance.
The increase in price target from $110 to $120 by Wells Fargo suggests a positive outlook on NRG Energy's future performance. The Overweight rating indicates that the analyst expects the stock to outperform the average total return of stocks in the analyst's coverage universe over the next 12 months.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100