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Stock impact report

Constellation Energy (CEG) Falls 10.9% as JPMorgan Price Cuts Price Target [Yahoo! Finance]

Constellation Energy Corporation - When-Issued (CEG) 
Company Research Source: Yahoo! Finance
Constellation Energy dropped its share prices by 10.90 percent on Friday to close at $281.99 apiece, as investor sentiment was dampened by a combination of price target downgrades and broader market pessimism. In a market note, JPMorgan slashed its price target for Constellation Energy Corp. (NASDAQ:CEG) to $400 from $410 previously, but maintained an “overweight” rating for its stock. In other developments, Constellation Energy Corp. (NASDAQ:CEG) mirrored a wider market sentiment, with Wall Street's three main indices all finishing in the red, after President Donald Trump's announcements suggesting that the US and Israel's war on Iran is far from over. According to Trump, he was not at all interested in a ceasefire with Iran. Constellation Energy (CEG) Falls 10.9% as JPMorgan Price Cuts Price Target Uncertainties aside, Constellation Energy Corp. (NASDAQ:CEG) on Wednesday raised $5 billion in fresh funds following the successful sale of approximately 4.4 gigawatts of natural Show less Read more
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