Shares of NRG Energy Inc. shot up 6.0% in afternoon trading Monday, enough to pace the S&P 500’s advancers after BofA Securities turned bullish on the fossil...
Shares of NRG Energy Inc. NRG shot up 6.0% in afternoon trading Monday, enough to pace the S&P 500’s SPX advancers after BofA Securities turned bullish on the fossil and nuclear fuel production company, citing valuation in the wake of the closing of the Vivint Smart Home Inc. acquisition and improvement in retail fundamentals. BofA analysts Julien Dumoulin-Smith and Paul Zimbardo raised their rating on NRG to buy from neutral, and lifted the stock price target to $39 from $35. After the $5.
0% in afternoon trading Monday, enough to pace the S&P 500’s SPX advancers after BofA Securities turned bullish on the fossil and nuclear fuel production company, citing valuation in the wake of the closing of the Vivint Smart Home Inc. acquisition and improvement in retail fundamentals. BofA analysts Julien Dumoulin-Smith and Paul Zimbardo raised their rating on NRG to buy from neutral, and lifted the stock price target to $39 from $35. After the $5.
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