Deutsche Bank Upgrades NRG Energy (NRG) to Buy; Compelling Value Despite Risks in Gas
Get Alerts NRG Hot Sheet
Price: $126.24 +5.42%
Rating Summary:
24 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
24 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Deutsche Bank upgraded NRG Energy (NYSE: NRG) from Hold to Buy.
Deutsche analyst said, "We are upgrading NRG following the recent weakness as we now see value in the stock even at a $4 long-term gas price. Leverage to
rising ERCOT heat rates seems underappreciated, while the gas risk has been
largely mitigated through 2014 given hedges and offsets."
For an analyst ratings summary and ratings history on NRG Energy click here. For more ratings news on NRG Energy click here.
Shares of NRG Energy closed at $14.34 yesterday.
Deutsche analyst said, "We are upgrading NRG following the recent weakness as we now see value in the stock even at a $4 long-term gas price. Leverage to
rising ERCOT heat rates seems underappreciated, while the gas risk has been
largely mitigated through 2014 given hedges and offsets."
For an analyst ratings summary and ratings history on NRG Energy click here. For more ratings news on NRG Energy click here.
Shares of NRG Energy closed at $14.34 yesterday.
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