RBC Capital Maintains Sector Perform on Constellation Energy, Raises Price Target to $272
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker maintains a Sector Perform rating on Constellation Energy (NASDAQ:CEG) and raises the price target from $214 to $272.
October 03, 2024 | 2:14 pm
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RBC Capital has increased the price target for Constellation Energy from $214 to $272, maintaining a Sector Perform rating. This suggests a positive outlook on the stock's potential performance.
The increase in price target from $214 to $272 by RBC Capital indicates a positive reassessment of Constellation Energy's future performance. Maintaining a Sector Perform rating suggests that while the stock is expected to perform well, it may not outperform the sector. This news is likely to have a positive short-term impact on the stock price as it reflects increased confidence from a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100