Guggenheim Maintains Buy on NRG Energy, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza has maintained a Buy rating on NRG Energy and raised the price target from $77 to $118.
October 08, 2024 | 7:23 pm
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Guggenheim has reaffirmed its Buy rating on NRG Energy and increased the price target significantly from $77 to $118, indicating strong confidence in the company's future performance.
The significant increase in the price target from $77 to $118 by Guggenheim suggests a strong positive outlook for NRG Energy. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100