Category: Markets
Published: 2026-06-22T14:13:22.000Z
Wells Fargo maintained a Buy rating on Constellation Energy (CEG) with a $516 price target, driven by strong Q1 2026 earnings. The company reported adjusted EPS of $2.74 and revenue of $11.12 billion, surpassing estimates, and affirmed its full-year guidance. Constellation Energy, a leading emissions-free energy supplier, benefits from increasing demand for nuclear energy to power AI data centers, and its stock has gained over 10% in the past 5 days.
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