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Bullish Case: Upbeat guidance post-QuarterNorth acquisition, recent insider buying, and Citi's bullish target suggest potential upside.


Bearish Case: Historical price decline, low trading volume, and bearish AI forecast indicate potential underperformance or stagnation.


Potential Outcomes: 60% chance TALO benefits from acquisitions, supportive guidance, and insider confidence; 30% probability of sideways movement reflecting market's wait-and-see stance; 10% risk of decline on external shocks or failed expectations.


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April 11, 2024


Talos Energy Forecast

TALO        Talos Energy
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with TALO



BKR Forecast + Options Trading Strategies   BKR  Baker Hughes (0.91)


EQT Forecast + Options Trading Strategies   EQT  EQT (0.86)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (0.84)


NE Forecast + Options Trading Strategies   NE  Noble (0.82)


BG Forecast + Options Trading Strategies   BG  Bunge (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to TALO



UNIT Forecast + Options Trading Strategies   UNIT  Uniti (-0.0)


AGQ Forecast + Options Trading Strategies   AGQ  ProShares Ultra Silver (-0.0)


CAT Forecast + Options Trading Strategies   CAT  Caterpillar (0.0)


UL Forecast + Options Trading Strategies   UL  Unilever (-0.0)


NVO Forecast + Options Trading Strategies   NVO  Novo Nordisk (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TALO



CL Forecast + Options Trading Strategies   CL  Colgate-Palmolive (-0.7)


IDT Forecast + Options Trading Strategies   IDT  IDT Corp. - (-0.7)


WING Forecast + Options Trading Strategies   WING  Wingstop (-0.71)


PI Forecast + Options Trading Strategies   PI  Impinj (-0.71)


VZ Forecast + Options Trading Strategies   VZ  Verizon Communications (-0.71)





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