Citi Maintains NRG Energy Hold, Lowers PT To $23 (NRG)

Citi maintained its NRG Energy NRG Hold rating and lowered NRG Energy's price target from $25 to $23 in a research report published today.

In the report, Citi states, " We maintain our Hold rating on NRG but are incrementally more positive given a higher chance that the South Texas Point (STP) nuclear project will be cancelled."

Shares of NRG Energy closed Thursday at $20.50, reflecting no change from Wednesday's market close.