Talos Energy price target raised to $14 from $13 at JPMorgan

JPMorgan analyst Arun Jayaram raised the firm’s price target on Talos Energy (TALO) to $14 from $13 and keeps a Neutral rating on the shares following the Q4 report. Talos laid out a 2025 operational plan that was more capital efficient than expectations, the analyst tells investors in a research note. The firm says the lower than expected 2025 capital guide was primarily driven by the high drilling efficiencies being realizing from the Seadrill West Vela.