Wells Fargo analyst Neil Kalton raised the firm’s price target on Constellation Energy to $115 from $106 and keeps an Overweight rating on the shares. The firm sees multiple paths for value-added cash deployment and thinks the Q4 update could shed light on the company’s approach to capital allocation. Wells believes stock should be bought on recent weakness.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CEG: