Top 10 Trending AI News and Ratings

7. NRG Energy, Inc. (NYSE:NRG)

Number of Hedge Fund Holders: 49

NRG Energy, Inc. (NYSE:NRG) provides energy production, home services, and energy management solutions across the U.S. and Canada.

On January 21, Evercore ISI analyst Durgesh Chopra upgraded NRG (NYSE:NRG) to Outperform from In Line, raising the price target to $126 from $74. The firm remains optimistic about the power and utilities sector as it stated factors like moderating inflation, potential interest rate cuts, and rising electricity demand as the main drivers for outperformance in the first half of 2025. The analyst expects strong investment in utility infrastructure, especially from data centers, and expects more deals and announcements in 2025. Evercore upgraded four stocks after releasing its 2024 earnings forecasts.