Citi Starts Constellation Energy (CEG) at Neutral

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Buy this US retail electricity stock, JPMorgan tells its clients

October 17, 2024 8:00 PM UTC

In a note Thursday, JPMorgan initiated coverage on three leading independent power producers (IPPs) with a bullish outlook, citing favorable trends such as manufacturing onshoring, electrification, and growing data center development.

The bank named Vistra Energy (NYSE: VST) as its top pick, alongside Talen Energy (NASDAQ: TLN) and Constellation Energy Group, Inc.(NASDAQ: CEG), advising clients to capitalize on the structural shifts in the energy... More

Citi Adds Constellation Energy Group, Inc. (CEG) to 90-Day Downside Catalyst Watch

October 15, 2024 5:39 AM UTC

Citi Adds Constellation Energy Group, Inc. (NASDAQ: CEG) to 90-Day Downside Catalyst Watch.

The analyst comments "We view the upcoming PJM workshops as a potential negative catalyst for the stock, along with any company updates on co-location deal progress that could... More