BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>TLNE is putting its growing cash balance to use by announcing a Dutch tender buyback of up to $600 million of its stock.</li>
<li>The Dutch tender establishes our price target of $120 is too low as we look ahead to 2025.</li>
<li>Our price target of $120 was based on TLNE generating approximately $700 million of adjusted EBITDA in 2024. We are now using our 2025 estimate for our price target</li>
</ul>


TLNE is putting its growing cash balance to use by announcing a Dutch tender buyback of up to $600 million of its stock.
The Dutch tender establishes our price target of $120 is too low as we look ahead to 2025.
Our price target of $120 was based on TLNE generating approximately $700 million of adjusted EBITDA in 2024. We are now using our 2025 estimate for our price target


Talen Energy

TLNE: Electrifying Tender, PT to $145