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Research Alert: CFRA Maintains Buy Opinion On Shares Of Talen Energy Corporation

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CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target by $3 to $453, valuing shares at an EV/EBITDA of 11.0x our 2027 EBITDA estimate, roughly in-line with peers. We raise our 2026 EPS view by $2.58 to $23.02 and raise our 2027 EPS view by $5.87 to $34.61. In 2026, we anticipate operating sales growth of 64% to $4.23B and 10% to $4.67B in 2027 from $2.58B in 2025, supported by the ramp-up of the long-term PPA with AWS at the Susquehanna nuclear plant. We also see recent gas plant acquisitions supporting growth. We anticipate significant adjusted EBITDA margin expansion with support from strong revenue growth due to recent acquisitions and contracted power sales. We forecast the margin to reach approximately 48% in 2026, up from ~40% in 2025, followed by further expansion to around 53% in 2027. TLN repurchased 300k shares for $100M during the quarter, with $1.9B remaining under its authorization through year-end 2028, supporting the company's disciplined capital allocation framework while maintaining net leverage of 3.1x.

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Research Alert: CFRA Maintains Sell Rating On Shares Of Dxc Technology Company

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our price target to $7 from $11, 3x our FY 27 (Mar.) EPS view, a deep discount to peers on DXC's high leverage and sales declines and below its three-year average (~5.6x) on elevated macro uncertainty and rising AI competition. We lower our FY 27 view by $0.63 to $2.43 and set FY 28 at $2.28. We see DXC as far behind peers competitively, demonstrated most clearly in Q4 FY 26 via (1) a 13.5% Y/Y bookings decline, similar to recent weakness, (2) a lower than expected win-rate during the quarter(32%) for DXC's $2B large deal pipeline, and (3) a 9% guidance miss for FY 27 FCF (~$600M, down 16% Y/Y). We expect an uncertain macro throughout FY 27 to continue extending client decision making timelines, especially in Europe and the U.K. (49% of Q4 sales combined) as the war in Iran brings higher energy prices, further pressuring bookings. DXC's AI products do not appear to be gaining traction at peers' rates, making the company look more vulnerable to fears of AI-based competition in the services space.

$DXC
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Research Alert: CFRA Keeps Hold Opinion On Shares Of The Aes Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target is unchanged at $16, 6.5x our 2027 EPS estimate of $2.39, a significant discount to AES's five-year forward average of 10.3x and peer valuations. We note that our target sits above the $15.00 per-share deal price, and we maintain Hold, as we see limited upside beyond the offer while acknowledging some risk that the transaction may not close on current terms. Should the deal close as expected in late 2026 or early 2027, shareholders would receive $15.00 in cash; our modestly higher target reflects residual optionality around a potential price bump or deal failure that could re-rate shares. We lower both our 2026 and 2027 EPS estimates by $0.01 to $2.29 and $2.39, respectively. We expect revenue growth of approximately 4.2% in 2026, reflecting contributions from new renewables projects as AES works through its project backlog. We anticipate an adjusted EBITDA margin near 24% in 2026 compared to approximately 23.5% in 2025.

$AES
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K92 Mining Maintained at Buy at Stifel Canada Following Q1 Results; Price Target Kept at C$39.00

Stifel Canada on Tuesday reiterated its buy rating on the shares of K92 Mining (KNT.TO) and its C$39.00 price target after the Papua New Guinea miner released its first-quarter results."KNT reported Q1/26 adjusted EPS of $0.47 vs. our $0.43 (consensus $0.41) and EBITDA of $179.9Mln vs. our $169.0Mln (consensus $168.6Mln) on pre-released GEO production of 46.7Koz (44.0Koz Au + 1.70Mln lbs Cu + 38.8Koz Ag). Q1/26 EBITDA and EPS beat on higher GEO sales and lower exploration and tax expenses. Q1/26 cash cost of $785/oz (+13% vs. consensus $693/oz) and AISC of $1,421/oz, were above the FY26 guidance range reflecting higher operating costs during Stage 3 ramp up and lower gold head grade of 10.2g/t, partially offset by higher by-product credits. FY26 guidance was reiterated (GEO production of 190-225Koz at a cash cost $710-770/oz and AISC $1,250-1,350/oz) with production weighted to H2/26 from two new mining fronts and completion of expansion enablers. Stage 4 Expansion ventilation electrification is scheduled for mid-2026; and paste-fill practical completion is on track for Q4/26 with final commissioning in Q1/27," analyst Ralph Profiti wrote.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $27.84, Change: $+0.32, Percent Change: +1.16%

$KNT.TO