TD Cowen Initiates Coverage on Constellation Energy (CEG) With $440 Price Target

Constellation Energy Corporation (NASDAQ:CEG) is one of the AI Stocks Investors Are Watching Closely. On January 9, TD Cowen analyst Eli Mingos initiated coverage on the stock with a $440.00 price target. The firm believes that Constellation’s Calpine integration offers a "compelling opportunity for contracting.” TD Cowen analyst Eli Mingos believes that deals will continue to be signed through 2026 above forward curve prices. It also noted gas PPA (Power Purchase Agreement) deals are "intriguing upside p ...