Barclays lowered the firm’s price target on Talen Energy (TLN) to $269 from $282 and keeps an Overweight rating on the shares. The firm adjusted utilities and power sector models heading into Q1 earnings to reflect the macro positioning and updated thoughts on the U.S. utilities tariff outlook. The sector poised to a continue to re-rate on an absolute basis given the defensive characteristics of the industry, the analyst tells investors in a research note.
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:
- 3 Best Stocks to Buy Now, 4/14/2025, According to Top Analysts
- Talen Energy Corp: Strong Prospects Amid Regulatory Challenges Justify Buy Rating
- 3 Best Stocks to Buy Now, 3/31/2025, According to Top Analysts
- Talen Energy price target lowered to $265 from $295 at JPMorgan
- Talen Energy Corp put volume heavy and directionally bearish