Constellation Energy (CEG) Falls 10.9% as JPMorgan Price Cuts Price Target
Constellation Energy Corp. (NASDAQ:CEG) is one of the 10 Stock Market Casualties You Can’t Ignore Today. Constellation Energy dropped its share prices by 10.90 percent on Friday to close at $281.99 apiece, as investor sentiment was dampened by a combination of price target downgrades and broader market pessimism. In a market note, JPMorgan slashed its price target for Constellation Energy Corp. (NASDAQ:CEG) to $400 from $410 previously, but maintained an “overweight” rating for its stock. In other deve ...