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Analysts Have Conflicting Sentiments on These Utilities Companies: NRG Energy (NRG) and Exelon (EXC)

Tipranks - Fri May 8, 6:36AM CDT

Analysts have been eager to weigh in on the Utilities sector with new ratings on NRG Energy (NRG) and Exelon (EXC).

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NRG Energy (NRG)

Wolfe Research analyst Steve Fleishman maintained a Buy rating on NRG Energy yesterday and set a price target of $190.00. The company’s shares closed last Wednesday at $150.64.

According to TipRanks.com, Fleishman is a 4-star analyst with an average return of 10.7% and a 58.4% success rate. Fleishman covers the Utilities sector, focusing on stocks such as American Electric Power, Nisource, and Ameren. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for NRG Energy with a $199.40 average price target, implying a 30.2% upside from current levels. In a report issued on April 22, TipRanks – Google also upgraded the stock to Buy with a $166.00 price target.

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Exelon (EXC)

Goldman Sachs analyst Carly Davenport maintained a Sell rating on Exelon yesterday and set a price target of $45.00. The company’s shares closed last Wednesday at $45.02, close to its 52-week high of $45.20.

According to TipRanks.com, Davenport is a 3-star analyst with an average return of 5.0% and a 67.1% success rate. Davenport covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Edison International. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Exelon with a $50.79 average price target, which is an 8.6% upside from current levels. In a report issued on April 21, KeyBanc also maintained a Sell rating on the stock with a $43.00 price target.

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