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Fly News Breaks for February 19, 2020
VST, NRG
Feb 19, 2020 | 16:31 EDT
BMO Capital analyst James Thalacker initiated coverage of NRG Energy (NRG) with a Market Perform rating and $43.50 price target. Given his cautious view on power markets, preference for spark spread leverage, uncertainty on PJM capacity markets, and NRG's current premium versus Vistra Energy (VST), the analyst is on the sidelines for now.
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