Scotiabank Reaffirms Their Buy Rating on NRG Energy (NRG)
In a report released today, Andrew Weisel from Scotiabank maintained a Buy rating on NRG Energy, with a price target of $223.00.
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Weisel covers the Utilities sector, focusing on stocks such as Black Hills, NextEra Energy, and Vistra Corp. According to TipRanks, Weisel has an average return of 9.4% and a 74.55% success rate on recommended stocks.
In addition to Scotiabank, NRG Energy also received a Buy from TipRanks – PerPlexity’s PerPlexity Independent Power Producers in a report issued today. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on NRG Energy (NYSE: NRG).
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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