Constellation Energy price target raised to $393 from $391 at Raymond James

Raymond James analyst J.R. Weston raised the firm’s price target on Constellation Energy (CEG) to $393 from $391 and keeps an Outperform rating on the shares after the company reported Q2 adjusted operating EPS that beat the firm’s and the Street view. Following the report, the firm is “largely reiterating” its adjusted operating EPS estimates for 2025-2027, the analyst noted.