Constellation Energy (CEG) NewsBite - CEG Downgraded By Jefferies & Co.
Posted: Monday, January 04, 2010 1:45 PM EDT
By: Market Intelligence Center Staff
Constellation Energy (CEG) was downgraded today by analysts at Jefferies & Co. and the stock is now at $34.68, down $0.49 (-1.39%) on volume of 1,241,205 shares traded. The analysts reduced CEG to Hold from Buy. Over the last 52 weeks the stock has ranged from a low of $15.05 to a high of $36.55. Constellation Energy stock has been showing support around $34.62 and resistance in the $36.16 range. Technical indicators for the stock are neutral and S&P gives CEG a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for CEG. [ABR-Seven Summits Strategic Investments NewsBite]
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