Analysts fell to the sidelines weighing in on Constellation Energy Corporation (CEG – Research Report) and Pnm Resources (PNM – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Constellation Energy Corporation (CEG)
In a report released yesterday, Paul Zimbardo CFA from Bank of America Securities reiterated a Hold rating on Constellation Energy Corporation, with a price target of $116.00. The company’s shares closed last Monday at $113.03, close to its 52-week high of $118.65.
According to TipRanks.com, CFA is a 3-star analyst with an average return of
Currently, the analyst consensus on Constellation Energy Corporation is a Moderate Buy with an average price target of $115.00.
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Pnm Resources (PNM)
In a report released yesterday, Jonathan Reeder from Wells Fargo maintained a Hold rating on Pnm Resources, with a price target of $41.00. The company’s shares closed last Monday at $42.55, close to its 52-week low of $42.54.
According to TipRanks.com, Reeder is a 3-star analyst with an average return of
Currently, the analyst consensus on Pnm Resources is a Moderate Buy with an average price target of $47.20.
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Read More on CEG:
- Constellation Energy price target raised to $119 from $97 at Guggenheim
- Constellation Energy price target raised to $106 from $93 at Evercore ISI
- Constellation Energy has ‘key role’ in $1B clean hydrogen hub awarded by DOE
- Constellation Energy price target raised to $116 from $106 at Mizuho
- Constellation Energy price target raised to $118 from $115 at Morgan Stanley
