Morgan Stanley Maintains Overweight on Constellation Energy, Raises Price Target to $233
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Overweight rating on Constellation Energy and raises the price target from $232 to $233.

August 23, 2024 | 4:07 pm
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Morgan Stanley has reaffirmed its Overweight rating on Constellation Energy and slightly increased the price target from $232 to $233, indicating a positive outlook.
The reaffirmation of an Overweight rating and a slight increase in the price target by a major financial institution like Morgan Stanley suggests confidence in Constellation Energy's future performance. This is likely to have a positive short-term impact on the stock price as it signals to investors that the company is expected to perform well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100