Constellation Energy Stock Rises as Bank of America Upgrades the Shares
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Constellation Energy's stock saw an increase after Bank of America analysts upgraded the stock and raised their price target to align with Wall Street's average.
December 12, 2024 | 8:00 pm
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Constellation Energy's stock price increased following an upgrade from Bank of America, which also raised its price target to align with the Wall Street average.
The upgrade by a major financial institution like Bank of America typically signals confidence in the company's future performance, which can positively influence investor sentiment and drive the stock price up in the short term.
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