Mizuho analyst Anthony Crowdell raised the firm’s price target on Constellation Energy to $217 from $132 and keeps a Neutral rating on the shares. Constellation’s narrative has evolved as the company has been able to shift focus from hydrogen to being a datacenter power supplier, the analyst tells investors in a research note. The firm, however, sees a fair risk’-reward at these share levels.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CEG: