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Fly News Breaks for February 15, 2017
NRG, NYLD
Feb 15, 2017 | 08:16 EDT
As previously reported, Morgan Stanley downgraded NRG Yield (NYLD) to Equal Weight from Overweight and lowered its price target to $21 from $30. Analyst Stephen Boyd believes the market will price in a likely sale of NRG Yield as NRG Energy's (NRG) Business Review Committee looks to cut costs and simplify its business model.
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