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Constellation Energy Corporation (CEG) Receives a Buy from Wells Fargo

In a report released today, Neil Kalton from Wells Fargo maintained a Buy rating on Constellation Energy Corporation (CEGResearch Report), with a price target of $91.00. The company’s shares closed yesterday at $75.89.

According to TipRanks, Kalton is a 5-star analyst with an average return of 8.6% and a 68.35% success rate. Kalton covers the Utilities sector, focusing on stocks such as Entergy, Exelon, and Constellation Energy Corporation.

Constellation Energy Corporation has an analyst consensus of Strong Buy, with a price target consensus of $73.00, which is a -3.81% downside from current levels. In a report released yesterday, Evercore ISI also maintained a Buy rating on the stock with a $79.00 price target.

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The company has a one-year high of $77.63 and a one-year low of $38.00. Currently, Constellation Energy Corporation has an average volume of 2.72M.

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Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.

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