Analysts Have Conflicting Sentiments on These Utilities Companies: Entergy (ETR) and Constellation Energy Corporation (CEG)

TipRanksJan 9 08:10 ET · Ratings

J.P. Morgan Sticks to Its Buy Rating for Constellation Energy Corporation (CEG)

TipRanksJan 9 07:08 ET · Ratings

BofA Securities Maintains Constellation Energy(CEG.US) With Buy Rating, Maintains Target Price $269

Moomoo NewsJan 9 05:37 ET · Ratings

M&A News: Constellation Energy's $30B Calpine Takeover Takes Shape

TipRanksJan 9 00:53 ET

UBS Maintains Constellation Energy(CEG.US) With Buy Rating, Cuts Target Price to $289

Moomoo NewsJan 8 18:32 ET · Ratings

One of the largest mergers in the power generation sector! Constellation is close to acquiring Calpine for nearly 30 billion dollars.

On Wednesday, Bloomberg reported that Constellation Energy is negotiating with Calpine's Private Equity investors regarding the acquisition. The Trade valuation could reach 30 billion dollars (including debt), and it is expected to become one of the largest mergers and acquisitions in the history of the power Industry. The final announcement is expected to be released in the coming weeks, but there may still be changes in the negotiations.

wallstreetcnJan 8 18:23 ET