Seaport Research raised the firm’s price target on Talen Energy (TLN) to $424 from $411 and keeps a Buy rating on the shares. The firm notes in needs clarity on the company’s gas marketing and acquisition as well as its gas-based DC contracts before it further raises its price target on the stock, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TLN:
- Talen Energy price target raised to $430 from $330 at Morgan Stanley
- Talen Energy price target raised to $576 from $427 at Melius Research
- Positive Outlook for Talen Energy Corp: Buy Rating Driven by Strategic Acquisitions and Market Alignment
- Talen Energy price target raised to $450 from $410 at Evercore ISI
- Talen Energy Corp: Strategic Growth Potential and Conservative Outlook Drive Buy Rating