Morgan Stanley Raises PT on NRG Energy (NRG) Stock

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Morgan Stanley raised its price target for NRG Energy (NRG) to $157 from $153, maintaining an “Equal Weight” rating, citing updates to its coverage of Regulated & Diversified Utilities / IPPs in North America. Separately, Wolfe Research upgraded NRG Energy to “Outperform” with a $190 target, believing asset acquisitions support its return to a traditional power generator with upside sensitivity to supply and demand tightening. The article also notes the utilities sector’s February outperformance and growing optimism for load growth and data center deals.

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