Constellation Energy (CEG) Share Price Target Cut By Multiple Analysts

We recently published 10 Best Performing Nuclear Energy Stocks According to Analysts.  Constellation Energy Corporation (NASDAQ:CEG) is one of the best-performing nuclear energy stocks.

Nuclear power generation firm Constellation Energy Corporation (NASDAQ:CEG)’s shares were discussed by Mizuho and Citigroup on February 25th. Citigroup kept a Neutral rating on the shares and cut the share price target to $348 from $368. Similarly, Mizuho also reduced the share price. It cut the target to $330 from $390 and kept a Neutral rating on the shares.

However, two days later, on the 27th, TD Cowen raised Constellation Energy Corporation (NASDAQ:CEG)’s share price target. It hiked the target to $454 from $440. Reiterating a Buy rating on the shares, TD Cowen outlined that Constellation Energy Corporation (NASDAQ:CEG) could benefit from an acceleration in contracting activity in 2026 and positive developments in the PJM market electrical grid in the United States. Constellation Energy Corporation (NASDAQ:CEG) has made key moves in the nuclear power market when it comes to supplying data centers with nuclear power, as it has signed agreements with technology giants Microsoft and Meta lasting as long as 20 years.

Constellation Energy Corporation (NASDAQ:CEG) is one of the largest utilities in America. It relies on nuclear, gas, wind, solar, and other sources to generate electricity.

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