Wells Fargo Remains a Buy on NRG Energy (NRG)
Wells Fargo analyst Neil Kalton maintained a Buy rating on NRG Energy on December 31 and set a price target of $240.00. The company’s shares closed last Friday at $159.24.
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According to TipRanks, Kalton is ranked #418 out of 10141 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for NRG Energy with a $200.75 average price target.
Based on NRG Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $7.64 billion and a net profit of $152 million. In comparison, last year the company earned a revenue of $7.22 billion and had a GAAP net loss of $767 million
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