Utilities
Independent Power Producers & Energy Traders
3 companies under coverage.
Coverage
Independent Power Producers & Energy Traders
Equity Research
NRG Energy Inc. (NRG)
BUY. 12-month probability-weighted target $135 (+25% vs spot). Gross Margin explains 58% of Monte Carlo outcome variance.
Equity Research
Talen Energy Corporation (TLN)
HOLD. 12-month probability-weighted target $351 (-7% vs spot). P/E Multiple explains 66% of Monte Carlo outcome variance.
Equity Research
The AES Corporation (AES)
Rating suspended since 2026-10-12 — pending acquisition. The rating, price target and expected return are withheld until the name is re-valued; the research on the report page predates the review.