Energy and utility stocks have been in focus after last week's launch of China’s open-source AI model DeepSeek, which promises lower energy consumption than existing AI technologies. Talen Energy Corp TLN has several opportunities from datacenter growth and the contract from Amazon.com Inc's AMZN AWS segment, according to BofA Securities.The Talen Energy Analyst: Analyst Ross Fowler initiated coverage of Talen Energy with a Buy rating and a price target of $253.The Talen Energy Thesis: "We are bullish based ...

Talen Energy Corporation (TLN) closed the last trading session at $204.42, gaining 1.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $266.89 indicates a 30.6% upside potential.The mean estimate comprises nine short-term price targets with a standard deviation of $20.15. While the lowest estimate of $235 indicates a 15% increase from the current price level, the most optimistic a ...

HOUSTON, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Talen Energy Corporation ("Talen") (NASDAQ:TLN) announced today that it, PJM Interconnection, L.L.C. ("PJM"), and a broad coalition of the Maryland Public Service Commission, Maryland customers, electric utilities, and Sierra Club have agreed on the terms by which Talen will operate its Brandon Shores and H.A. Wagner power plants until May 31, 2029, beyond their scheduled May 31, 2025 retirement dates. The agreement, colloquially called a "reliability-must-run" or ...

Agreement maintains critical infrastructure, reliable electricity in Baltimore and protects Maryland consumer rates.HOUSTON, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen”) (NASDAQ: TLN) announced today that it, PJM Interconnection, L.L.C. (“PJM”), and a broad coalition of the Maryland Public Service Commission, Maryland customers, electric utilities, and Sierra Club have agreed on the terms by which Talen will operate its Brandon Shores and H.A. Wagner power plants until May 31, 2029, ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Talen Energy Corporation (NASDAQ: TLN) announced today that its wholly owned subsidiary, Talen Energy Supply, LLC (“Talen” or the “Company”), received the requisite consents in its previously announced solicitation of consents (the “Consents”) from holders of its 8.625% Senior Secured Notes due 2030 (the “Notes”) with respect to the adoption of certain proposed amendments (the “Proposed Amendments”) to the Indenture, dated as of May 12, 2023 (as amended, supplement ...

I am a financial writer with a degree in Finance. In my five-year career, I have worked with two financial companies. I keep a close eye on Energy, Banking, and Tech stocks. My main focus is fundamental analysis and looking at the long-term position of a stock instead of short-term analysis. The main reason I joined Seeking Alpha as an analyst is that it provides a like-minded community of individuals where I can share my analysis about stocks and exchange thoughts. If you want a deep analysis of Energy, Ba ...

HOUSTON, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Talen Energy Corporation (NASDAQ:TLN) announced today that its wholly owned subsidiary, Talen Energy Supply, LLC ("Talen" or the "Company"), is soliciting consents (the "Consents") from each registered holder of its 8.625% Senior Secured Notes due 2030 (the "Notes") with respect to the adoption of certain proposed amendments (the "Proposed Amendments") to the Indenture, dated as of May 12, 2023 (as amended, supplemented or otherwise modified prior to the date hereo ...

HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen”) (NASDAQ: TLN) released the following statement today in response to the Federal Energy Regulatory Commission (the “FERC” or “Commission”) order on Talen’s request for rehearing, which seeks reconsideration of the Commission’s November 1, 2024, order rejecting amendments to the Interconnection Service Agreement between PJM Interconnection, L.L.C., PPL Electric Utilities Corporation, and Talen subsidiary Susquehanna Nuclear, LLC (th ...

HOUSTON, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen” or the “Company”) (NASDAQ: TLN) announced today that the Company has closed on several financing transactions (the “Transactions”) that improve the Company’s debt structure and financing cost. The Transactions include: (i) repricing the Company’s existing $700 million revolving credit facility (the “Revolver”) to reduce the current interest rate margin by 100 basis points (to SOFR plus 200 basis points, with further leverage-based ...