Barclays raised the firm’s price target on Talen Energy (TLN) to $245 from $202 and keeps an Overweight rating on the shares after meeting with management. Talen is re-calibrating its strategy to drive through the Susquehanna Interconnection Service Agreement “speed bump” and its path to maximizing margin remains intact, the analyst tells investors in a research note.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TLN:
- Talen Energy Expands Loan for Share Buyback Strategy
- Talen Energy price target raised to $250 from $225 at Oppenheimer
- Talen Energy Corp’s Strategic Stock Buyback and Financing
- Talen Energy launches $600M Term Loan B financing
- Talen Energy initiated with a Buy at Daiwa on ‘ground-breaking’ AWS deal
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
