Fintel reports that on February 3, 2025, B of A Securities initiated coverage of Talen Energy (NasdaqGS:TLN) with a Buy recommendation.
Analyst Price Forecast Suggests 19.15% Upside
As of January 29, 2025, the average one-year price target for Talen Energy is $264.20/share. The forecasts range from a low of $247.45 to a high of $307.65. The average price target represents an increase of 19.15% from its latest reported closing price of $221.73 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual non-GAAP EPS is 9.04.
What is the Fund Sentiment?
There are 411 funds or institutions reporting positions in Talen Energy. This is an increase of 300 owner(s) or 270.27% in the last quarter. Average portfolio weight of all funds dedicated to TLN is 1.27%, an increase of 41.71%. Total shares owned by institutions increased in the last three months by 318.71% to 58,416K shares. 
The put/call ratio of TLN is 0.49, indicating a bullish outlook.
What are Other Shareholders Doing?
Rubric Capital Management holds 11,369K shares.
MFN Partners Management holds 3,000K shares.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,628K shares.
River Road Asset Management holds 1,558K shares.
Capital World Investors holds 1,474K shares.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
