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Why Constellation Energy Stock Popped Today

TheMotleyFool

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Why Constellation Energy Stock Popped TodayPhoto, wide shot, wide-angle lens, soft focus, Gas company, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-tcjRuj5bqFkp1mtfRW3UniKc.png?st=2023-05-05T12%3A32%3A34Z&se=2023-05-05T14%3A32%3A34Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-05T04%3A49%3A27Z&ske=2023-05-06T04%3A49%3A27Z&sks=b&skv=2021-08-06&sig=BKOkdc9cKdFUkBJnHork/AsFKQ6z1sIxTLjeoW/ivEM%3D

Constellation Energy (NASDAQ: CEG) stock soared 4.9% through 1 p.m. ET Wednesday after Seaport Global Securities analyst Angie Storozynski upgraded shares of the electric utility company to buy.

Storozynski predicted Constellation stock, which costs less than $376 today, will hit $407 within 12 months -- an 8% gain.

Image source: Getty Images.

Source Fool.com

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