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Analysts’ Opinions Are Mixed on These Utilities Stocks: Constellation Energy Corporation (CEG) and Oklo Inc (OKLO)

Tipranks - Wed Apr 1, 10:56AM CDT

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Constellation Energy Corporation (CEG) and Oklo Inc (OKLO).

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Constellation Energy Corporation (CEG)

In a report released today, Nicholas Campanella from Barclays initiated coverage with a Buy rating on Constellation Energy Corporation and a price target of $356.00. The company’s shares closed last Tuesday at $273.00.

According to TipRanks.com, Campanella is a 5-star analyst with an average return of 12.3% and a 70.2% success rate. Campanella covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'>

Currently, the analyst consensus on Constellation Energy Corporation is a Strong Buy with an average price target of $393.78, implying a 43.2% upside from current levels. In a report issued on March 26, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $385.00 price target.

See the top stocks recommended by analysts >>

Oklo Inc (OKLO)

Craig-Hallum analyst Eric Stine assigned a Hold rating to Oklo Inc today. The company’s shares closed last Tuesday at $47.13.

According to TipRanks.com, Stine is a 5-star analyst with an average return of 11.4% and a 39.9% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, American Superconductor, and PureCycle Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oklo Inc with a $95.23 average price target, a 106.9% upside from current levels. In a report issued on March 17, BTIG also maintained a Hold rating on the stock.

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