Talen Energy: A Tactical, Lower-Risk Long After the Western PJM Buy
Talen Energy (TLN) looks like a pragmatic long: an accretive acquisition, meaningful interest-cost savings, and healthy free cash flow give a clear path to near-term upside. Enter at $410.00 with a $395 stop and a $460 target over a mid-term (45 trading day) horizon for a asymmetrical risk-reward trade.