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Barclays Keeps Their Buy Rating on Constellation Energy Corporation (CEG)

Tipranks - Tipranks - Wed Apr 15, 1:41AM 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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Campanella covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Dominion Energy, and Talen Energy Corp. According to TipRanks, Campanella has an average return of 12.8% and a 71.50% success rate on recommended stocks.

In addition to Barclays, Constellation Energy Corporation also received a Buy from BMO Capital’s James Thalacker in a report issued yesterday. However, on April 1, Mizuho Securities maintained 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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