Energy Surge: CEG and VST Lead the Charge in Dynamic Market Moves

1. Constellation Energy (Nasdaq: CEG)
Constellation Energy surged by 22.29%. Constellation Energy signed a 20-year power purchase agreement with Microsoft to supply carbon-free energy for data centers. Jefferies initiated coverage with a hold rating, targeting $183. BofA and Mizuho maintain neutral ratings, and Morgan Stanley maintains an overweight rating.

2. Vistrarp. (NYSE: VST)
Vistrarp. surged by 16.27%. BMO Capital maintains an outperform rating for Vistra, raising the price target to $125, while Jefferies initiates coverage with a buy rating and a $99 target. Morgan Stanley also maintains an overweight rating, adjusting the target to $110. Vistra's revenue for the first half of 2024 was $68.99 billion, down 9.39%.

3. Crowdstrike Holdings (Nasdaq: CRWD)
Crowdstrike Holdings surged by 8.1%. CrowdStrike Holdings received multiple positive ratings: Rosenblatt, DA Davidson, and Needham maintained "Buy," while Susquehanna and Cantor Fitzgerald set target prices at $310. Morgan Stanley reiterated an "Overweight" rating with a $325 target. Internal transactions were disclosed on September 17.

4. Nike (NYSE: NKE)
Nike surged by 6.89%. NIKE has appointed Elliott Hill as the new CEO, replacing John Donahoe, effective October 13. Analysts have mixed ratings: Telsey Advisory Group sets a target price of $100, Truist Securities $85, Morgan Stanley $79, Wells Fargo $95, and Evercore ISI $110.

5. Public Service Enterprise Group Incorporated (NYSE: PEG)
Public Service Enterprise Group Incorporated gained solidly by 3.99%. Public Service Enterprise Group received a Hold rating and $85 target from Jefferies. B of A Securities maintains a Buy rating with an $88 target. Morgan Stanley keeps an Overweight rating with $83 target. Recent insider transactions were disclosed.