Multiple analysts have adjusted their price targets for Constellation Energy (NASDAQ:CEG). While Citigroup and Mizuho cut their targets, TD Cowen raised its target and reiterated a Buy rating, citing potential benefits from increased contracting activity and developments in the PJM market. Constellation Energy is a major utility company involved in nuclear power, having signed long-term agreements to supply data centers for tech giants like Microsoft and Meta.
Constellation Energy (CEG) Share Price Target Cut By Multiple Analysts
Multiple analysts have adjusted their price targets for Constellation Energy (NASDAQ:CEG). While Citigroup and Mizuho cut their targets, TD Cowen raised its target and reiterated a Buy rating, citing potential benefits from increased contracting activity and developments in the PJM market. Constellation Energy is a major utility company involved in nuclear power, having signed long-term agreements to supply data centers for tech giants like Microsoft and Meta.