Multiple reports indicate a significant increase in
investor interest regarding
Constellation Energy Corporation (CEG). Following the surpassing of Q1 earnings estimates, Wells Fargo and Morgan Stanley maintained their
Overweight rating for the corporation. Amidst the rise of energy prices, CEG’s business shows a promising trend with its safeguarding of undervalued assets leading to more prospective opportunities. In fact, institutional investors have CEG as a favorite, making up
84% of ownership. The stock has seen a
62% gain for those who invested a year ago and their
EPS Beat expectation by 81%. The corporation has been actively promoting clean energy initiatives with their corporate green bond and has been recognized as a
key player in clean energy generation. They've also been named among America's Most Just Companies. CEG stocks have seen a
41% climb with a
20-day average uptrend. With strong Q4 earnings, CEG provided a full-year profit guidance that surprasses estimates. Despite concerns on balance sheet health, BMO highlighted the stock’s
growth potential, raising the PT to $171 from $137.
Constellation Energy Corporation CEG News Analytics from Thu, 22 Jun 2023 07:00:00 GMT to Sat, 18 May 2024 04:22:42 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor 2
