Zacks Investment Research upgraded shares of GENON ENERGY (GEN) from UNDERPERFORM to NEUTRAL on February 08, 2012, with a target price of $2.30.
GenOn Energy, Inc, formerly known as RRI Energy Inc, is engaged in providing energy, capacity, ancillary and other energy services to wholesale customers in power generation markets in the United States. The Company operates and owns contracts for power generation capacity through its four reportable segments. Its product and services are provided to investor-owned utilities, municipalities, cooperatives, and other companies that serve end users or purchase power at wholesale for resale. GenOn Energy, Inc is based in Houston, Texas.
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