Barclays Maintains Overweight on Talen Energy, Lowers Price Target to $202
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Overweight rating on Talen Energy (NASDAQ:TLN) but lowers the price target from $207 to $202.
October 21, 2024 | 1:01 pm
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Barclays analyst Nicholas Campanella maintains an Overweight rating on Talen Energy but lowers the price target from $207 to $202, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in Talen Energy's performance, but the lowered price target indicates a slightly reduced expectation for its stock price. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100