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Principal Financial Group Inc. Sells 3,217 Shares of Talen Energy Corporation $TLN
Principal Financial Group Inc. reduced its stake in Talen Energy Corporation by 3.2% in the fourth quarter, selling 3,217 shares and retaining 98,235 shares valued at $36.8 million. Despite institutional investors owning a small percentage of the stock, analysts largely maintain a positive outlook for Talen Energy, with an average target price of $448.25. The article details additional institutional adjustments and Talen Energy’s recent stock performance and financial ratios.