NRG Energy (NRG +1.6%) shares are strong as UBS raises its price target to $28 from $26,...

|About: NRG Energy, Inc. (NRG)|By:, SA News Editor

NRG Energy (NRG +1.6%) shares are strong as UBS raises its price target to $28 from $26, believing positive steps such as a scarcity adder will drive higher power forwards. The firm also "conservatively" assumes $300M/year in buybacks in 2014 and beyond vs. $1B/year in free cash flow.