Barclays lowered the firm’s price target on Talen Energy (TLN) to $202 from $207 and keeps an Overweight rating on the shares as part of a Q3 preview for the power and utilities group. The firm says the sector is “reconciling an inevitability higher load outlook.”
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:
- Uber downgraded, Zoom Video upgraded: Wall Street’s top analyst calls
- Talen Energy initiated with an Overweight at JPMorgan
- Amazon (NASDAQ:AMZN) Turns to Nuclear Energy to Power Data Centers
- Amazon announces three new agreements to support development of nuclear energy
- Alphabet (NASDAQ:GOOGL) to Power AI Using Small Modular Nuclear Reactors