UPDATE: Goldman Sachs Raises PT on NRG Energy to $26

Goldman Sachs is out with its report today on NRG Energy NRG, raising its PT on NRG to $26 from $23. In its report, Goldman Sachs writes, "We increase our 12-month, EV/EBITDA-based target price by $3, to $26, due to our higher estimates and the likelihood of an increased buyback." Goldman Sachs maintains Neutral on NRG. Shares of NRG closed Friday at $22.27, down 0.80% from Thursday's close.