BUZZ-NRG Energy rises as Jefferies raises to 'buy'
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NRG Energy shares rose 6.9% following Jefferies' upgrade from 'hold' to 'buy', with a new price target suggesting a 23% upside. Jefferies forecasts an 11% annual EPS growth through 2029, driven by improved customer retention and efficiencies. While NRG has less upside from data centers compared to peers, it remains undervalued. Currently, six out of eleven brokerages rate the stock as 'buy' or higher. Year-to-date, the stock has increased by 89.3%.
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