Morgan Stanley Maintains Overweight on Constellation Energy, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Overweight rating on Constellation Energy (NASDAQ:CEG) and raises the price target from $115 to $118.
September 21, 2023 | 12:46 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Constellation Energy and raises the price target from $115 to $118, indicating a positive outlook for the stock.
The Overweight rating maintained by Morgan Stanley indicates that they believe Constellation Energy's stock will outperform the market in the future. The increase in the price target from $115 to $118 suggests that they expect the stock's price to rise, which could have a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100