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Genon Energy Inc (GEN) [hlAlert]

Rating:
Neutral GEN

Genon Energy Inc (GEN) rated Neutral with price target $7.50 by Susquehanna

Posted on: Tuesday,  Jun 23, 2015  10:25 AM ET by Susquehanna

Genon Energy Inc (NYSE:
GEN) rated Neutral with price target $7.50 by Susquehanna.

RRI Energy, Inc. (RRI), formerly Reliant Energy, Inc., provides electricity to wholesale customers in the United States. The Company is an independent power producer, with more than 14,000 megawatts of power generation capacity across the United States. The Company?s commercial operations sells electricity, generation capacity and ancillary service products to a variety of power customers, including independent power producers; power grids/ independent system operators (ISOs); investor-owned utilities; municipalities; cooperatives; banks and trading companies, and other companies that serve end users. These products are sold in bilateral and ISO hour-ahead and day-ahead markets and forward bilateral markets. In May 2009, Reliant Energy, Inc. completed the sale of its Texas retail business to NRG Energy, Inc. In conjunction with the transaction's close, Reliant Energy, Inc. changed its name to RRI Energy, Inc.

Susquehanna
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/23/2015 10:25 AM Hold
None
6.69 7.50
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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