Shares of NRG Energy Inc. NRG charged up 3.9% toward a one-year high in afternoon trading Wednesday, after Guggenheim turned bullish on the independent power producer the day before earnings are scheduled for release. Analyst Shahriar Pourreza raised his rating to buy, after being at neutral since March 2021, while bumping up his stock price target to $50 from $36. Pourreza said the upgrade was on the back of “increasing comfort” with the Smart Home business and on an improved view on several of “intangibles” that had kept him at neutral. “These include our impressions of not only management, which are much improved following…
