NRG Energy price target raised to $46 from $43 at BofA

BofA analyst Julien Dumoulin-Smith raised the firm’s price target on NRG Energy to $46 from $43 and keeps a Buy rating on the shares ahead of the company’s Q2 earnings report. Shareholder returns “remain central to NRG’s story,” says the firm, which looks for management to reiterate the five-year plan to return nearly $7B via buybacks and the dividend through 2027.