Constellation seeks data centers at power plants despite regulatory setback

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Go back to Constellation seeks data centers at power plants despite regulatory setback

Constellation Energy (CEG) PT Lowered to $234 at Jefferies

November 6, 2024 6:00 AM EST

Jefferies analyst Paul Zimbardo lowered the price target on Constellation Energy (NASDAQ: CEG) to $234.00 (from $256.00) while maintaining a Hold rating.

The analyst comments "The unexpected FERC decision last Friday does not change the overall thesis, but it does somewhat chill the unbridled... More

Citi Reiterates Neutral Rating on Constellation Energy (CEG)

November 4, 2024 2:21 PM EST

Citi analyst Ryan Levine reiterated a Neutral rating and $284.00 price target on Constellation Energy (NASDAQ: CEG).

The analyst comments "Although FERC remains interested in supporting datacenter development, we think the FERC workshop (takeaways) and its rejection of the Talen deal makes... More