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UPDATE: Wunderlich Securities Lowers Price Target on NRG Energy to $23

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According to Wunderlich Securities, NRG Energy (NYSE: NRG) price target is lowered to $23.

Wunderlich Securities said that NRG Energy (NRG) reported 4Q adjusted EBITDA of $390mm versus $444mm a year ago (our/consensus was $380mm/$400mm). “We are maintaining our Buy rating, but reducing our target price to $23.”

NRG Energy closed yesterday at $17.55.

Posted-In: Wunderlich SecuritiesAnalyst Color Price Target Analyst Ratings

 

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