Barclays Remains a Buy on Constellation Energy Corporation (CEG)
Barclays analyst Nicholas Campanella maintained a Buy rating on Constellation Energy Corporation on February 10 and set a price target of $356.00.
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Campanella covers the Utilities sector, focusing on stocks such as Talen Energy Corp, Dominion Energy, and American Electric Power. According to TipRanks, Campanella has an average return of 11.4% and a 68.33% success rate on recommended stocks.
In addition to Barclays, Constellation Energy Corporation also received a Buy from Wells Fargo’s Shahriar Pourreza in a report issued on February 6. However, on February 4, TipRanks – OpenAI reiterated a Hold rating on Constellation Energy Corporation (NASDAQ: CEG).
Based on Constellation Energy Corporation’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $7.18 billion and a net profit of $930 million. In comparison, last year the company earned a revenue of $6.55 billion and had a net profit of $1.2 billion
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