Constellation Energy Clears PJM Capacity Auction

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2025.12.17 22:46
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Constellation Energy Corporation announced that all its power plants in the PJM market successfully cleared the capacity auction for the 2027-2028 planning year. This ensures continued monetization through capacity revenues and aligns with Production Tax Credit calculations. The company's stock is rated as a Buy with a $420.00 price target, driven by strong earnings and positive technical indicators, despite some financial challenges. Constellation focuses on nuclear energy, enhancing its long-term prospects.