StocksMedium•31 March 2026•
1 min read
Wells Fargo Reaffirms Buy Ratings for Citigroup and Constellation Energy
Key Facts
1Wells Fargo analyst Mike Mayo reiterated a Buy rating for Citigroup (C) with a price target of $150.00.
2Citigroup reported quarterly revenue of $40.86 billion and a net profit of $2.43 billion for the quarter ending December 31.
3Wells Fargo maintained a Buy rating on Constellation Energy Corporation (CEG) with a price target of $450.00.
4Constellation Energy reported Q4 revenue of $5.46 billion and a net profit of $432 million.
Wells Fargo analysts have expressed strong confidence in Citigroup and Constellation Energy, reiterating "Buy" ratings for both companies. Analyst Mike Mayo maintained a bullish outlook on Citigroup (C) with a price target of $150.00 following its latest quarterly performance. The banking giant reported revenue of $40.86 billion and a net profit of $2.43 billion for the quarter ending December 31. Similarly, Wells Fargo maintained its positive stance on Constellation Energy (CEG), setting a price target of $450.00. The energy firm recently posted fourth-quarter revenue of $5.46 billion and a net profit of $432 million. These ratings reflect optimism regarding the financial health and growth prospects of the banking and energy sectors.