B of A Securities Maintains Neutral on Constellation Energy, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Constellation Energy (NASDAQ:CEG) but has raised the price target significantly from $116 to $230.
May 30, 2024 | 3:50 pm
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B of A Securities has maintained a Neutral rating on Constellation Energy but raised the price target from $116 to $230, indicating a positive outlook despite the neutral rating.
The significant increase in the price target from $116 to $230 suggests a positive outlook for Constellation Energy's future performance. Despite the Neutral rating, the raised price target could attract investor interest and potentially drive the stock price up in the short term.
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