InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,652.00
(
0.06%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
60,845.08
(
0.08%
)
Post# of 95
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

eFinanceMarkets

Send PM Follow Ignore
Followers 7
Posts 604
Boards Moderated 0
Alias Born 03/08/2017

eFinanceMarkets

Re: BlueAlien post# 87

Thursday, 06/01/2017 2:09:53 PM

Thursday, June 01, 2017 2:09:53 PM

Post# of 95
NRG Energy upgraded to Buy at UBS as GenOn settlement, PJM add clarity

NRG Energy (NRG +3.2%) pops more than 3% after UBS upgrades shares to Buy from Neutral and raises its price target to $20 from $19, saying the GenOn settlement and latest PJM auction add clarity while the cost cutting thesis remains intact and the major near-term catalyst for the stock.

While the deadline for the cost review is set for Aug. 14, UBS expects more details to come out sooner and could well see management update 2017 guidance in the coming weeks given the added clarity provided by the GenOn settlement.

The firm continues to assume $140M of cost cuts in its base case valuation and sees further savings potential within the retail and renewable segments.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent NRG News
More NRG News
InvestorsHub NewsWire

Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM

VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM

Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM

Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM

Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM

Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM

Start posting your company's news
Only $200 per official company press release!