Constellation Energy Corporation (CEG) is in the spotlight following a multitude of strategic events, investor attention and changes in stock performance. A significant event was a
20-year deal with Meta Platforms, Inc. for clean, reliable nuclear energy, that bolstered CEG's stock performance and drew bullish views from Wall Street. Various brokers, including
UBS and BofA, increased price targets for CEG subsequent to the Meta deal. However, some fluctuations were seen after
Citi downgraded the stock, but it quickly rebounded. The company also received
Texas regulatory approval for its Calpine deal and was ordered by the DoE to delay retiring 760 MW of production. CEG's dedication to nuclear growth is also noteworthy, as the company applauded executive orders streamlining nuclear energy. Despite some negative action following the Meta deal and AI fears, overall, CEG is seen to be surpassing market returns, leading to bullish investor sentiment.
Constellation Energy Corporation CEG News Analytics from Tue, 17 Dec 2024 08:00:00 GMT to Fri, 06 Jun 2025 17:35:20 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor 1
