JPMorgan Lowers its Price Target on Constellation Energy Corporation (CEG) to $400 from $410

Constellation Energy Corporation (NASDAQ:CEG) is one of the 8 Must-Buy Nuclear Energy Stocks to Invest In. On March 19, 2026, JPMorgan lowered the price target on Constellation Energy Corporation (NASDAQ:CEG) to $400 from $410 previously and maintained an Overweight rating after updating its model following the company’s fourth-quarter report.

On March 18, 2026, Constellation Energy Corporation (NASDAQ:CEG) announced an agreement with LS Power Equity Advisors to sell a portfolio of generation assets in PJM as part of regulatory commitments tied to its acquisition of Calpine.

The transaction, valued at $5B before adjustments, includes approximately 4.4 gigawatts of primarily natural gas-fired capacity across facilities in Delaware and Pennsylvania. Chief Executive Officer Joe Dominguez said the deal represents “an important step” in meeting Department of Justice requirements, adding that the company expects to complete the remaining obligations later this year.

Constellation Energy Corporation (NASDAQ:CEG) generates and sells energy products and services across multiple U.S. power markets.

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