01:00 AM EDT, 06/24/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target by $35 to $215, 26.5x our 2026 EPS estimate (up $0.04 to $8.12; we cut our 2025 estimate by $0.57 to $5.74), above fully-regulated peers to reflect our strong growth expectations and our positive outlook for nuclear operators. We expect the $1.9B acquisition of ~2.6 GW of natural gas generation capacity from Lotus Infrastructure Partners will be accretive to its results, continuing a recent trend among power producers like Constellation Energy (CEG 315 ****) and NRG Energy (NRG 152 ***) seeking to grow their gas generation fleets during a period of rising electricity demand. Although not the "behind-the-meter" solution originally sought, we look favorably on the long-term PPA between Talen Energy (TLN 292 NR), AWS (AMZN 208 *****), and PPL Corporation (PPL 34 ***). According to Talen, the deal avoids the need for regulatory approval from FERC, and we think the creative solution could provide a useful model for other deals among data centers, utilities, and power generators.