Talos Energy price target raised to $13.50 from $12 at KeyBanc

KeyBanc analyst Tim Rezvan raised the firm’s price target on Talos Energy (TALO) to $13.50 from $12 and keeps an Overweight rating on the shares after hosting investor meetings with management this week. The firm came away impressed by the evolution of the company under new leadership. Management did not tip its hand on the balance sheet, but the 2029 Notes may be refinanced in February, which should lower interest expense, KeyBanc adds.