NRG Energy price target raised to $115 from $100 at BMO Capital

BMO Capital analyst James Thalacker raised the firm’s price target on NRG Energy (NRG) to $115 from $100 and keeps a Market Perform rating on the shares. The firm cites the company’s Q4 EBITDA beat as it benefited from strong demand and positive market conditions as well as a recasting of a Vivint-related amortization of capitalized customer acquisition costs.