Constellation Energy price target raised to $334 from $284 at Citi

Citi raised the firm’s price target on Constellation Energy (CEG) to $334 from $284 and keeps a Neutral rating on the shares. The firm says Constellation’s Q4 print beat expectations, but it is more focused on the Federal Energy Regulatory Commission meeting on Thursday. The analyst does not expect any major changes in policy, but says any movement to support co-location or constructive comments from Chair Christie would be viewed positive for Constellation.