Key Takeaways Constellation Energy's plan to restart the Three Mile Island Unit 1 nuclear plant to power Microsoft data centers got good reviews from analysts.Barclays called the plan "positive" for the company and others in the sector.

Constellation Energy is the independent power producer spun off from utility company Exelon. Read more to see my recommendation for CEG stock.

The Constellation Energy Corporation (NASDAQ: CEG) stock price went parabolic on Friday, reaching its highest point on record after inking a deal with Microsoft, the second-biggest company in the world.

Constellation Energy Corp’s CEG share price has surged by 22.29%, which has investors questioning if this is right time to sell.

The Constellation Energy Corporation announced its plan to restart the Unit 1 nuclear reactor at Three Mile Island as part of a purchase agreement with Microsoft. Five years ago today, TMI shut down Unit 1,

Shares of Constellation Energy are in a long-term bullish trend with a target of $350. CrowdStrike Holdings ( CRWD) made a strong technically driven move today as the stock rallied more than 7%.

The stock market is trading higher Monday. The S&P 500 climbed 0.26% and the tech-heavy Nasdaq Composite added 0.21%. The Dow Jones Industrial Average gained 0.14%, while the Russell 2000 Index lost 0.

Wells Fargo analyst Neil Kalton raised his price target on the shares to $300 from $250, saying the company stands to gain from tech firms’ desire to lock in sources of green power.

Constellation Energy's plan to restart the Three Mile Island Unit 1 nuclear plant to power Microsoft data centers got good reviews from analysts.

Microsoft and Constellation Energy plan to restart the Three Mile Island nuclear plant to meet rising AI energy demands, aiming for sustainability.