Constellation Energy Corporation (CEG) is among the 11 Best Utility Stocks to Invest in According to Hedge Funds. UBS raised CEG’s price target to $420, indicating a 16% upside potential. However, JPMorgan lowered the target to $410. CEG recently reached an agreement with the U.S. Department of Justice for the $16.4 billion acquisition of Calpine Corporation. This deal will boost CEG’s nuclear energy portfolio, aligning with the current trend of hyperscalers signing nuclear energy deals. While CEG shows promise, there are other AI stocks with greater upside potential and less risk. No promotional content included.

Read more at Yahoo Finance: Constellation Energy (CEG) Price Target Raised to $420