Latest Analyst Views on Coatue’s Favorite 33 AI Stocks

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16. Constellation Energy Corporation (NASDAQ:CEG)

Number of Hedge Fund Holders: 85 

BMO Capital recently raised the price target on Constellation Energy Corporation (NASDAQ:CEG) to $337 from $291 and kept an Outperform rating on the shares. CEG generates and sells electricity in the United States. In a research note, the analyst highlighted that the company reported an in-line Q1, and the most important takeaway for Constellation and the broader sector was management’s discussion that they were nearing long-term agreements with customers to their available carbon-free supply.

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