Wells Fargo analyst Shahriar Pourreza lowered the price target on Constellation Energy (CEG) to $362 on July 27, 2026. The new target still implies significant upside from the stock's recent trading levels. Publicly available information did not detail the specific reasoning for this adjustment.
On the same day, Morgan Stanley analyst David Arcaro reiterated a "Buy" rating on the stock with a price target of $366. Broader market commentary continues to highlight Constellation Energy's position as a key supplier of nuclear energy for powering AI data centers.