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Constellation Energy price target raised to $258 from $254 at Evercore ISI
The Fly

Constellation Energy price target raised to $258 from $254 at Evercore ISI

Evercore ISI analyst Durgesh Chopra raised the firm’s price target on Constellation Energy (CEG) to $258 from $254 and keeps an Outperform rating on the shares. The firm is adjusting its model after the company announced more than $1B in combined contracts from the U.S. General Services Administration, the analyst tells investors in a research note, resulting in annual EPS accretion of $0.10-$0.15 per share, the analyst tells investors in a research note.

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