Constellation Energy Corporation (NASDAQ: CEG) receives a price target raise to $393.00 from Raymond James analyst J.R. Weston, maintaining an Outperform rating. The company is a leader in clean energy production, nuclear fleet operation, and commercial-industrial retail services, with a strong base business and projected double-digit EPS growth through 2030.
Analyst sees continued upside for Constellation Energy (CEG) due to its strong YTD performance and premium valuation as a nuclear leader. The company expects double-digit EPS growth through 2030, driven by its nuclear fleet and clean energy demand surge. The closure and integration of private merchant generator Calpine will provide catalyst stream and financial optionality through buybacks.
Constellation Energy Corporation (NASDAQ: CEG) specializes in clean, carbon-free energy solutions. While CEG shows investment potential, some AI stocks may offer higher upside and lower downside risk. For undervalued AI stock options benefiting from Trump-era tariffs and onshoring trends, explore the best short-term AI stock in a free report.
Read more at Yahoo Finance: Analyst Sees More Upside for Constellation Energy (CEG) After Strong YTD Rally