Talen Energy price target raised to $245 from $202 at Barclays

Barclays raised the firm’s price target on Talen Energy (TLN) to $245 from $202 and keeps an Overweight rating on the shares after meeting with management. Talen is re-calibrating its strategy to drive through the Susquehanna Interconnection Service Agreement “speed bump” and its path to maximizing margin remains intact, the analyst tells investors in a research note.