This Constellation Energy Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday

CIBC Initiates Coverage on Constellation Energy with Buy Rating

CIBC analyst Mark Jarvi has initiated coverage on Constellation Energy with a buy rating and a price target of $343.

Wells Fargo Adjusts Constellation Energy Price Target

Wells Fargo analyst Shahriar Pourreza maintained a 'Buy' rating on Constellation Energy while lowering the price target to $352 from $362.

The Energy Transition in 5 Numbers: Where Solar, Nuclear, and Gas Stand Heading Into 2027

Global electricity demand is projected to grow 3.8% next year, driven by AI data centers, manufacturing reshoring, and EV adoption. Solar will lead growth with 600 TWh annually through 2027, while nuclear capacity will expand through plant restarts and uprates. Natural gas serves as a bridge fuel with 48 GW needed by 2035 to meet data center demand. Data center energy consumption could reach 945 TWh by 2030 and 1,200 TWh by 2035.

AI Power Stocks Fell 7% to 13% in a Week While Exxon and Chevron Just Hit Record Highs. Here's Which Side I'd Rather Own.

AI power stocks including Oklo, NuScale, Bloom Energy, and Constellation Energy have declined 7-13% over the past week amid investor sentiment shifts, while energy giants Exxon and Chevron hit all-time highs. The author argues that established energy companies with proven business models and strong dividend histories are preferable to speculative AI power plays with uncertain futures.

Canaccord Genuity Initiates Coverage of CleanSpark with Buy Rating

Canaccord Genuity has initiated coverage on CleanSpark, Inc. with a Buy rating and a price target of $20.

Shares of AI cloud services companies are trading higher as the sector rebounds from recent weakness after Goldman Sachs upgraded CoreWeave, easing concerns about AI infrastructure.