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Analysts Offer Insights on Utilities Companies: Sempra Energy (SRE) and Constellation Energy Corporation (CEG)

Analysts have been eager to weigh in on the Utilities sector with new ratings on Sempra Energy (SREResearch Report) and Constellation Energy Corporation (CEGResearch Report).

Sempra Energy (SRE)

Morgan Stanley analyst Stephen Byrd maintained a Hold rating on Sempra Energy today and set a price target of $165.00. The company’s shares closed last Thursday at $165.31.

According to TipRanks.com, Byrd is a 5-star analyst with an average return of 11.3% and a 60.6% success rate. Byrd covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, American Electric Power, and Pinnacle West Capital.

Sempra Energy has an analyst consensus of Moderate Buy, with a price target consensus of $176.38.

See the top stocks recommended by analysts >>

Constellation Energy Corporation (CEG)

Morgan Stanley analyst David Arcaro maintained a Buy rating on Constellation Energy Corporation today and set a price target of $100.00. The company’s shares closed last Thursday at $85.92, close to its 52-week high of $90.18.

According to TipRanks.com, Arcaro is a 1-star analyst with an average return of -4.9% and a 38.3% success rate. Arcaro covers the Utilities sector, focusing on stocks such as Public Service Enterprise, Maxeon Solar Technologies, and Edison International.

Currently, the analyst consensus on Constellation Energy Corporation is a Strong Buy with an average price target of $90.50, representing a 2.8% upside. In a report issued on September 13, Bank of America Securities also maintained a Buy rating on the stock with a $105.00 price target.

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