Constellation Energy shares are trading higher after Keybanc upgraded the stock from Sector Weight to Overweight and announced a $190 price target.
Portfolio Pulse from Benzinga Newsdesk
Constellation Energy's stock (CEG) has seen an increase in its trading value following an upgrade by Keybanc from Sector Weight to Overweight, with a new price target set at $190.
February 28, 2024 | 8:34 pm
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POSITIVE IMPACT
Constellation Energy's stock has been upgraded by Keybanc from Sector Weight to Overweight, with a price target of $190, indicating a positive outlook on the stock's future performance.
The upgrade by Keybanc from Sector Weight to Overweight signifies a strong vote of confidence in Constellation Energy's future performance. The setting of a $190 price target further emphasizes the expected positive trajectory for the stock. Such analyst upgrades typically lead to increased investor interest and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100