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

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.
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