BUZZ-Constellation Energy gains as Barclays reinstates coverage with 'overweight'** Shares of utility Constellation Energy CEG.O up 1% at $274.05 premarket
** Barclays reinstates coverage on CEG with "overweight" rating, PT is $356
** New PT represents a 31.2% upside to the stock's last close
** Brokerage says "power is still key to enabling the data center economy"
** Sees CEG offering investors thematic exposure to nuclear contracting, despite a softer start to 2026
** Brokerage sees CEG upside beyond large-load contracts as an independent power producer
** 15 of 20 brokerages rate the stock "buy" or higher and five "hold"; median PT is $405- data compiled by LSEG
** In 2025, CEG was up ~58%
(Reporting by Dharna Bafna in Bengaluru)
((Dharna.bafna@thomsonreuters.com))
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