Wolfe Research analyst Steve Fleishman raised the firm’s price target on Constellation Energy (CEG) to $350 from $335 and keeps an Outperform rating on the shares after the company announced its Clinton nuke reached a 20 year power purchase agreement with Meta (META). The firm thinks the deal shows the value of Constellation’s nuclear fleet. The Clinton deal with Meta is “another marker for nuclear value upside,” the analyst tells investors in a research note.
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