Citi’s price‑target cut pushes Constellation Energy to 52‑week low
Constellation Energy (CEG) slid nearly 5% on July 1, 2026, sinking to a fresh 52‑week low of $228.63 after Citi cut its price target to $297. The drop reflects short‑term pressures—grid reliability concerns, a lock‑up expiration, and the downgrade—rather than a fundamental shift in the company's AI‑driven power play.