Why Vistra and Constellation Energy Shares Are Jumping Today
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2024
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Source: Benzinga
Power Market Auction Results: Vistra Corp. and Constellation Energy shares rose following PJM Interconnection's announcement of a significant increase in power prices for the 2025-2026 capacity auction, with prices jumping from $28.92 to $269.92 per megawatt-day.
Nuclear Plant License Extension: Vistra also reported that the Nuclear Regulatory Commission approved a 20-year extension for the Comanche Peak Nuclear Power Plant’s operation, now valid through 2053.
Analyst Views on FTWO
Wall Street analysts forecast FTWO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTWO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 44.900
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Current: 44.900
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
