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Stock impact report

Constellation Energy (CEG) Positioned for Growth as PJM Market Developments Support Demand [Yahoo! Finance]

Constellation Energy Corporation - When-Issued (CEG) 
Company Research Source: Yahoo! Finance
Constellation Energy Corporation (NASDAQ: CEG ) is included among the 13 Best Income Stocks with Highest Upside Potential Constellation Energy (CEG) Positioned for Growth as PJM Market Developments Support Demand On February 27, TD Cowen raised its price recommendation on Constellation Energy Corporation (NASDAQ:CEG) to $454 from $440. The firm reiterated a Buy rating on the shares. The firm said that while the company's guidance remains strong, it expects contracting activity to accelerate in 2026. The analyst also pointed to positive developments in the PJM market. These include the reliability backstop auction and the new non-firm tariff structure. The firm said these changes could bring more electricity demand online than previously expected. On February 24, Constellation reported fourth-quarter adjusted profit that exceeded Wall Street estimates. The results were supported by rising electricity demand, particularly from data centers. Much of this increase has been driven b Show less Read more
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