Barclays has revised its price target for Talen Energy (TLN, Financial), reducing it to $269 from the previous $282, while maintaining an Overweight rating. This adjustment comes as part of a broader reevaluation of utilities and power sector models ahead of the first-quarter earnings reports.
The modification reflects current macroeconomic conditions and updated projections regarding the U.S. utilities tariff outlook. Analysts at Barclays suggest that the sector is likely to experience a repricing, aided by its defensive nature. This reassessment acknowledges the sector's potential for relative stability and growth, even amid broader economic uncertainties.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Talen Energy Corp (TLN, Financial) is $139.67 with a high estimate of $145.00 and a low estimate of $129.00. The average target implies an downside of 27.02% from the current price of $191.37. More detailed estimate data can be found on the Talen Energy Corp (TLN) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Talen Energy Corp's (TLN, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
