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Stock impact report

Constellation Energy (CEG) Price Target Raised to $420 [Yahoo! Finance]

Constellation Energy Corporation - When-Issued (CEG) 
Company Research Source: Yahoo! Finance
Constellation Energy Corporation (NASDAQ:CEG) is the largest producer of carbon-free energy in the US, with over 32.4 GW of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. Constellation Energy Corporation (NASDAQ:CEG) received a boost on December 17 when UBS raised its price target on the stock from $385 to $420, while keeping a ‘Buy' rating on the shares. The revised target indicates an upside potential of over 16% from the current share price. However, a day earlier, JPMorgan lowered its price target on Constellation Energy Corporation (NASDAQ:CEG) from $422 to $410, but maintained an ‘Overweight' rating on the shares. The adjustment comes as the analyst firm updated its model post the third-quarter report. Constellation Energy Corporation (NASDAQ:CEG) announced earlier this month that it had reached an agreement with the U.S. Department of Justice on the conditions required to complete its previously announced acquisition of Cal Show less Read more
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