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Analysts Offer Insights on Utilities Companies: Cadiz (CDZI) and Constellation Energy Corporation (CEG)

Tipranks - Thu Apr 2, 8:02AM CDT

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Cadiz (CDZI) and Constellation Energy Corporation (CEG) with bullish sentiments.

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Cadiz (CDZI)

In a report released today, Tate Sullivan from Maxim Group maintained a Buy rating on Cadiz, with a price target of $10.00. The company’s shares closed last Tuesday at $4.91.

According to TipRanks.com, Sullivan is a 4-star analyst with an average return of 3.1% and a 49.5% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Cheetah Net Supply Chain Service, Inc. Class A, Heidmar Maritime Holdings Corp., and United Maritime Corp. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cadiz with a $10.00 average price target.

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Constellation Energy Corporation (CEG)

Morgan Stanley analyst David Arcaro maintained a Buy rating on Constellation Energy Corporation today and set a price target of $385.00. The company’s shares closed last Tuesday at $279.25.

According to TipRanks.com, Arcaro is a 5-star analyst with an average return of 14.7% and a 68.1% success rate. Arcaro covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'>

Constellation Energy Corporation has an analyst consensus of Strong Buy, with a price target consensus of $380.30, implying a 38.3% upside from current levels. In a report released yesterday, Barclays also initiated coverage with a Buy rating on the stock with a $356.00 price target.

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