PJM colocation
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Wells Fargo Highlights Talen Energy (TLN) as Key Player in PJM Colocation, Resource Adequacy Debates
Yahoo Finance· 2026-02-09 17:05
Talen Energy Corporation (NASDAQ:TLN) is one of the best IPO stocks to buy right now. On January 20, Wells Fargo analyst Shahriar Pourreza raised the firm’s price target for Talen Energy to $506 from $445 with an Overweight rating. Pourreza identified Talen Energy as a key participant in ongoing debates regarding PJM colocation and resource adequacy. The firm’s positive stance is supported by the completion of 2025 deals, the announcement of a 2026 ECP transaction, and a continued focus on the company’s ...