Reported 3 days ago
Despite bearish sentiment surrounding the independent power producer sector, JPMorgan has reduced its price target for Constellation Energy (NASDAQ: CEG) but retains an 'Overweight' rating on the stock. While the company is positioned to benefit from rising electricity demand, it faces headwinds including potential changes in power auctions and policies. CEG ranks 8th among AI stocks currently making headlines, indicating potential but also suggests that other AI stocks may offer better returns in a shorter timeframe.
Source: YAHOO