Analysts Offer Insights on Utilities Companies: Constellation Energy Corporation (CEG) and Southwest Gas (SWX)
Analysts have been eager to weigh in on the Utilities sector with new ratings on Constellation Energy Corporation (CEG) and Southwest Gas (SWX).
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Constellation Energy Corporation (CEG)
In a report released today, Carly Davenport from Goldman Sachs initiated coverage with a Hold rating on Constellation Energy Corporation and a price target of $305.00. The company’s shares closed last Wednesday at $267.17.
According to TipRanks.com, Davenport is a 3-star analyst with an average return of
Currently, the analyst consensus on Constellation Energy Corporation is a Strong Buy with an average price target of $369.56, representing a 38.2% upside. In a report issued on June 3, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $282.00 price target.
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Southwest Gas (SWX)
Southwest Gas received a Buy rating and a $105.00 price target from Wells Fargo analyst Constantine Lednev today. The company’s shares closed last Wednesday at $87.10.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Southwest Gas with a $102.00 average price target, a 16.5% upside from current levels. In a report issued on June 9, Mizuho Securities also maintained a Buy rating on the stock with a $98.00 price target.
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- Constellation Energy initiated with a Neutral at Goldman Sachs
- Lyft upgraded, Leidos downgraded: Wall Street’s top analyst calls
- Constellation Energy initiated with an Outperform at Bernstein
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- Constellation Energy completes secondary offering and share repurchase
