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Constellation Energy Corporation (CEG) Receives a Rating Update from a Top Analyst

Tipranks - Fri Apr 3, 6:42AM CDT

BMO Capital analyst James Thalacker reiterated a Buy rating on Constellation Energy Corporation today and set a price target of $386.00.

End of Quarter Sale - 50% Off TipRanks

Thalacker covers the Utilities sector, focusing on stocks such as PPL, CMS Energy, and Vistra Corp. According to TipRanks, Thalacker has an average return of 15.4% and a 74.82% success rate on recommended stocks.

In addition to BMO Capital, Constellation Energy Corporation also received a Buy from KeyBanc’s Sophie Karp in a report issued yesterday. However, today, TipRanks – xAI reiterated a Hold rating on Constellation Energy Corporation (NASDAQ: CEG).

Based on Constellation Energy Corporation’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.46 billion and a net profit of $432 million. In comparison, last year the company earned a revenue of $5.38 billion and had a net profit of $852 million

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