35 AI News and Ratings You Should Not Miss

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21. Constellation Energy Corporation (NASDAQ:CEG)

Number of Hedge Fund Holders: 71 

Constellation Energy Corporation (NASDAQ:CEG) generates and sells electricity in the United States. On October 22. KeyBanc raised the price target on the stock to $298 from $279 and maintained an Overweight rating, noting the target increase reflected the multiple expansion the energy firm deserves based on the higher long-term growth rate and expanding intrinsic value of its generation portfolio. Barclays also recently raised the price target on Constellation Energy to $282 from $280 and kept an Overweight rating on the shares as part of a Q3 preview for the power and utilities group. Barclays said the sector is reconciling an inevitability of a higher load outlook.

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