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0.000895706208363638 0.00352628337905179 0.0054862005262275 0.00599003526843208 0.00277109108212509 -0.0004198622851704 0.0028830543581706 0.00258915075855123
Stock impact report

Constellation Energy (CEG): Analyst Target Cut, Major Award, and Landmark Acquisition [Yahoo! Finance]

Constellation Energy Corporation - When-Issued (CEG) 
Company Research Source: Yahoo! Finance
Energy Corporation (NASDAQ:CEG)'s price target to $410 from $422 while maintaining an Overweight rating, following updates to its model after the Q3 results. Suwin/Shutterstock.com On December 11, Constellation Energy Corporation received the “Energy Deal of the Year” award at the 2025 Platts Global Energy Awards. The award honors Constellation's 20-year power purchase agreement with Microsoft, which enabled the restart of the Crane Clean Energy Center (Unit 1) in Londonderry Township, Pennsylvania. The Crane Clean Energy Center, formerly known as Three Mile Island Unit 1, was retired in 2019; its restart will generate 835 megawatts of carbon-free nuclear energy. Under the agreement, Microsoft will purchase the full output to match electricity consumption at its data centers in the PJM Interconnection market. It will also support overall grid capacity and reliability. The project is expected to create more than 3,000 jobs, contribute over $16 billion to Pennsylvania's GDP. In Show less Read more
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