Jefferies Maintains Hold on Constellation Energy, Raises Price Target to $256
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Paul Zimbardo maintains a Hold rating on Constellation Energy (NASDAQ:CEG) and raises the price target from $183 to $256.
September 23, 2024 | 3:24 pm
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POSITIVE IMPACT
Jefferies has maintained a Hold rating on Constellation Energy while significantly raising the price target from $183 to $256, indicating a more optimistic outlook.
The increase in the price target from $183 to $256 suggests a more positive outlook on Constellation Energy's future performance. Although the Hold rating remains, the significant price target increase could lead to a positive short-term impact on the stock price as investors may interpret this as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100