智通财经网·2025-09-23 06:57Group 1 - Canadian Imperial Bank of Commerce initiates coverage on Constellation Energy, NRG Energy, and Vistra Energy with "outperform" ratings and target prices of $401, $212, and $256 respectively, citing strong electricity demand outlook, downside protection, and robust balance sheets [1] - Following the announcement, Constellation Energy shares rose by 4.90%, NRG Energy by 4.02%, and Vistra Energy by 3.14% on Monday [1] - Constellation Energy is highlighted as a top pick in the sector due to its leading position across various industry metrics, strong track record in innovation and execution, particularly in data center contracts and organic growth initiatives [1] Group 2 - NRG Energy is rated as a "value pick" despite not having the highest quality assets or business mix, showcasing impressive execution capabilities [2] - Vistra Energy is described as a straightforward, high-quality independent power producer with a solid and highly diversified growth story, benefiting from strong industry fundamentals [2] - Talen Energy is given a "market perform" rating with a target price of $418 [2]