With volatility at extremely high levels, the firm no longer recommends purchase of the CEG shares until concerns over Constellation's capital and liquidity positions are resolved.
Last edited Fri Dec 19, 2008 03:09 AM by ShikhaKansal (Zacks Investment Research)
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The firm believes CEG is attractive at the current level based on the belief that EDF's Development Inc. offer to acquire a 49.99% interest in Constellation Energy Nuclear Group, adequately addressing concerns about liquidity.
Last edited Wed Jun 17, 2009 05:40 PM by RJha (Zacks Investment Research)
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