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Constellation Energy Corporation (CEG) Receives a Buy from Barclays

Tipranks - Tipranks - Tue Apr 7, 3:46AM CDT

Barclays analyst Nicholas Campanella maintained a Buy rating on Constellation Energy Corporation today and set a price target of $360.00.

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According to TipRanks, Campanella is a 5-star analyst with an average return of 12.3% and a 70.19% success rate. Campanella covers the Utilities sector, focusing on stocks such as Talen Energy Corp, Constellation Energy Corporation, and CMS Energy.

In addition to Barclays, Constellation Energy Corporation also received a Buy from BMO Capital’s James Thalacker in a report issued on April 2. However, on the same day, TipRanks – xAI reiterated a Hold rating on Constellation Energy Corporation (NASDAQ: CEG).

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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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