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Fly News Breaks for September 21, 2015
NYLD, NRG
Sep 21, 2015 | 07:25 EDT
Deutsche Bank analyst Jonathan Arnold says shares of NRG Energy offer an "excellent" risk/reward at current levels. The company's strategic update "delivered on most fronts," and management "tends to execute well once a plan is set," Arnold tells investors in a research note. He raised his price target for NRG to $31 from $29 and reiterates a Buy rating on the name. The analyst lowered his price target for NRG Yield (NYLD) to $20 from $24 and keeps a Buy rating on the name.
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