Goldman Sachs Removes Calpine Corporation (CPN) from Conviction Buy List, Prefers NRG (NRG)

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Goldman Sachs Adds NRG Energy (NRG) to Conviction Buy List, Sees 33% Total Upside

January 11, 2013 7:36 AM EST

Goldman Sachs added NRG Energy (NYSE: NRG) to its Conviction Buy List with a price target of $30.00 (from $28.00).

The firm cited 1) best in class free cash flow, enabling share buybacks and debt reduction, (2) exposure to the favorable Texas power market and (3) attractive... More