NRG Energy price target raised to $36 from $34 at Guggenheim

Guggenheim analyst Shahriar Pourreza raised the firm’s price target on NRG Energy to $36 from $34 and keeps a Neutral rating on the shares. The firm is refreshing select estimates and price targets ahead of the release of Q3 earnings to properly reflect known and measurable year-over-year items, to adjust for seasonality, and re-mark latest commodity curves, the analyst tells investors.