NRG Energy price target raised to $145 from $134 at Guggenheim

Guggenheim raised the firm’s price target on NRG Energy (NRG) to $145 from $134 and keeps a Buy rating on the shares following a “much-anticipated site update did not disappoint.” Initial steps towards signed deals have a positive readthrough to not only the rest of the independent power producer group, but also gas resources as an asset class, the analyst tells investors.