Talen Energy (OTCMKTS:TLNE) Hits New 1-Year High at $98.99

Talen Energy Co. (OTCMKTS:TLNE - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as $98.99 and last traded at $94.80, with a volume of 420851 shares changing hands. The stock had previously closed at $94.35.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TLNE. Wolfe Research began coverage on shares of Talen Energy in a research report on Friday, February 16th. They set an "outperform" rating and a $81.00 price objective for the company. Oppenheimer began coverage on shares of Talen Energy in a research report on Thursday, December 14th. They set an "outperform" rating and a $77.00 price objective for the company. Finally, BWS Financial boosted their price objective on shares of Talen Energy from $96.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday.

Talen Energy Trading Up 0.5 %

The company's fifty day moving average is $76.51.

Talen Energy Company Profile

Talen Energy Corporation, together with its subsidiaries, operates as a power generation and infrastructure company in the United States. The company operates in two segments: PJM, and ERCOT and WECC. It produces and sells electricity, capacity, and ancillary services. The company also operates nuclear, fossil, solar, gas, and coal power plants, as well as engages in marketing activities.