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Constellation Energy price target raised to $119 from $97 at Guggenheim

Guggenheim raised the firm’s price target on Constellation Energy to $119 from $97 and keeps a Buy rating on the shares. The firm is refreshing select estimates and price targets ahead of the release of Q3 earnings to properly reflect known and measurable year-over-year items, to adjust for seasonality, and re-mark latest commodity curves, the analyst tells investors.

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