Citi is out with its report today on Constellation Energy Group CEG, raising its PT from $35 to $38.
In a note to clients, Citi writes, "Our new target price per share for CEG is raised to $38 from $35 translating into an ETR of 27% - supporting our continued Buy rating. Our target price includes marking to market commodity prices. We view CEG as a relatively rare Buy within the fairly priced integrated subgroup."
Shares of CEG closed Tuesday at $30.86, down 0.58% from Monday's close.
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