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Talen Energy Corp (TLN) Gets a Buy from Barclays

Tipranks - Tipranks - Wed Oct 28, 4:00AM CDT

Barclays analyst Nicholas Campanella maintained a Buy rating on Talen Energy Corp today and set a price target of $387.00.

Campanella covers the Utilities sector, focusing on stocks such as NRG Energy, Edison International, and Constellation Energy Corporation. According to TipRanks, Campanella has an average return of 9.0% and a 60.90% success rate on recommended stocks.

In a report released yesterday, Bank of America Securities also reiterated a Buy rating on the stock with a $424.00 price target.

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Based on Talen Energy Corp’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $747 million and a GAAP net loss of $92 million. In comparison, last year the company earned a revenue of $454 million and had a net profit of $72 million

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