nrg energy

Wunderlich is out with its report today on NRG Energy (NYSE: NRG), maintaining Buy. In a note to clients, Wunderlich writes, "NRG Energy reported 4Q adjusted EBITDA of $444mm vs. $489mm a year ago (our estimate was $462mm). The modest miss was driven by higher costs and lower revenues. However, NRG...

Deutsche Bank has raised the price target NRG Energy (NYSE: NRG) from $19 to $20 and maintains its Hold rating.

Wells Fargo is reducing its valuation range on shares of NRG Energy, Inc. (NYSE: NRG) to $26-28 from $28-30. “The midpoint of our range is consistent with the average of the base cases of our NAV and EV/EBITDA analysis,” Wells Fargo writes. “Although we tend to believe NRG's long-term value is...

NRG Energy, Inc. (NYSE: NRG) is planning to make a decision regarding the nuclear expansion project in the next six to nine months, Jefferies reports. “Although the company has cut back 95% of its nuclear spending, we believe that, if NRG receives the loan guarantee, the high cash burn rate will...

Goldman Sachs reinstates coverage on NRG Energy (NYSE: NRG) with a Neutral rating and a $21 price target.

Wunderlich Securities has published a research report on NRG Energy Inc. (NYSE: NRG) and has reduced 2011/2012 EBITDA estimates as well as the price target. In the report, Wunderlich writes "Last week, NRG Energy (NRG) reduced its adjusted EBITDA guidance for 2011 based on the termination of the...

Deutsche Bank has raised its EBITDA estimates on NRG Energy (NYSE: NRG) following NRG's recent acquisitions. In a note to clients, Deutsche Bank writes, "We have raised our 2011-14 EBITDA estimates to incorporate NRG's acquisition of Green Mountain (closed 11/5), the Cottonwood CCGT (11/15), and...

In a report released this morning, Deutsche Bank said that it has upgraded NRG Energy, Inc. (NYSE: NRG) to Hold from Sell with the stock having dropped ~8% and lagged the market and IPP peers since mid-September (S&P 500 up 8%). “Our key catalyst of weak initial '11 guidance has also now passed...

Dynegy Inc. (NYSE: DYN) is having 3Q10E EBITDA and EPS estimates introduced by JP Morgan along with NRG Energy (NYSE: NRG) showing forecasts that reflect progress from the companies. In the report, JP Morgan writes "Based on 3Q10 results from companies with exposure in similar regions, we believe...

Yesterday, NRG Energy (NYSE: NRG) announced an investment over the next three years in a solar thermal project in southwestern CA with BrightSource Energy, Wunderlich Securities reports. NRG's $300mm investment should deliver a mid-teens levered return for the company. “The output of the 392...

Oppenheimer has initiated coverage for the following companies: Eca Marcellus Trust 1 (NYSE: ECT) Outperform, $23 price target, $19.86 Edison International (NYSE: EIX) Outperform, $40 price target, $34.77 NRG Energy, Inc. (NYSE: NRG) Perform, $24 price target, $20.89 Pepco Holdings, Inc. (NYSE: POM...

NRG Energy Inc. (NYSE: NRG) reported a 2Q with adjusted EBITDA of $693M ahead of the $519M forecast by Goldman Sachs, and NRG has raised its adjusted guidance for FY2010 to from $2.2B to $2.45-2.55B. Goldman has raised its 2010/2011 EPS estimates from $2.12/2.14 to $2.99/2.45 to reflect the...