There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Sunrun (RUN – Research Report) and Constellation Energy Corporation (CEG – Research Report) with bullish sentiments.
Sunrun (RUN)
In a report released yesterday, Michael Blum from Wells Fargo maintained a Buy rating on Sunrun, with a price target of $18.00. The company’s shares closed last Monday at $10.29, close to its 52-week low of $8.43.
According to TipRanks.com, Blum is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sunrun with a $20.84 average price target, which is a 90.7% upside from current levels. In a report issued on November 2, RBC Capital also initiated coverage with a Buy rating on the stock with a $17.00 price target.
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Constellation Energy Corporation (CEG)
Wells Fargo analyst Neil Kalton maintained a Buy rating on Constellation Energy Corporation yesterday and set a price target of $140.00. The company’s shares closed last Monday at $124.73, close to its 52-week high of $125.62.
According to TipRanks.com, Kalton is a 4-star analyst with an average return of
Constellation Energy Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $117.13, representing a -1.6% downside. In a report issued on October 23, Guggenheim also maintained a Buy rating on the stock with a $119.00 price target.
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