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NRG Energy initiated with a Buy at UBS

UBS initiated coverage of NRG Energy (NRG) with a Buy rating and $211 price target The firm highlights NRG as a standout Independent Power Producer due to strong free cash flow, diverse growth drivers, and a balanced business model that isn’t reliant solely on data-center demand, the analyst tells investors in a research note. Its scale, integrated retail presence, and multiple expansion avenues support an estimated 27% upside from current levels, the firm says.

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