Melius Research initiated coverage of NRG Energy (NRG) with a Buy rating and $308 price target The introduction, adoption and acceleration of AI has transformed “Energy & Power” into an AI category and the market is in the early stages of a “Power revolution” that is only in the early innings of shifting leadership toward a whole new group of winners, the analyst tells investors while establishing coverage on several of the Supermajors, many prominent E&Ps, the largest oil service companies and the largest independent power producers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NRG:
- NRG Energy announces dual listing on NYSE Texas
- Appaloosa takes new stake in Intel, exits positions in Wynn, Las Vegas Sands
- NRG Energy Faces Uncertainty and Risks in LSP Portfolio Acquisition
- NRG Energy added to Analyst Current Favorites list at Raymond James
- NRG Energy price target raised to $203 from $197 at Barclays