Constellation Energy Corporation

CEG: Bullish (0.545)

The Globe and Mail•7/13/2026

Constellation Energy Corporation (CEG) recibe una recomendación de compra de Wells Fargo

Somewhat-Bullish (0.326)

CEG: Bullish (0.499)

Kalkine Media•7/13/2026

¿SNDL Inc. (NASDAQ:SNDL) sigue siendo una acción de centavo que vale la pena seguir?

TradingView•7/13/2026

¿Constellation se beneficiará de la creciente demanda eléctrica de América?

Las acciones de Cisco vuelven a subir. La apuesta de IA de 9.000 millones de dólares podría estar detrás.

Constellation Energy supera las estimaciones de resultados. Wall Street recorta su objetivo de precio de todos modos.

Constellation Energy (CEG) superó las estimaciones de beneficios del 1T de 2026, con ganancias operativas ajustadas de 2,74 dólares por acción, pero su acción cotiza cerca de su mínimo de 52 semanas. A pesar del buen desempeño, los analistas de Wall Street han reducido su objetivo de precio medio para CEG de 405 a 358 dólares, posiblemente influenciados por una oferta secundaria y ajustes previos como la integración de Calpine. Sin embargo, el modelo de TIKR valora la acción considerablemente más alto, en 494 dólares para diciembre de 2030, proyectando una rentabilidad total del 97%, impulsada por adquisiciones estratégicas, el reinicio nuclear de Crane y un aumento de la demanda contratada.

Las acciones de Nokia suben por noticias de defensa-IA de 5.500 millones de euros: Ericsson gana protagonismo

Las acciones de Nokia se dispararon un 9,64% tras darse a conocer los resultados operativos de su alianza de defensa NestAI, lo que añadió aproximadamente 5.500 millones de euros a su valor de mercado. La compañía presentó tres nuevas herramientas impulsadas por IA para la comunicación segura en entornos difíciles, lo que impulsó al alza a todo el sector: sus pares como Ericsson y Ciena también registraron ganancias. Ahora la atención está puesta en los próximos reportes de resultados del 2T de Ericsson y Nokia para determinar si este optimismo se traduce en ventas y beneficios sostenidos.

Korea Western Power avanza con 500 MW de eólica marina en Taean

Korea Western Power está desarrollando un parque eólico marino de 500 MW en Taean. El proyecto busca aumentar la capacidad de energía renovable en la región. No se proporcionaron más detalles sobre las etapas de desarrollo y el cronograma en el fragmento.

Somewhat-Bullish (0.242)

CEG: Somewhat-Bullish (0.343)

Relevancia 0.639

조선일보•7/12/2026

Korea's Energy Security Demands Nuclear-Renewables Integration

This article discusses Korea's energy security strategy, emphasizing the necessity of integrating nuclear and renewable energy sources. The content of the article is concise, highlighting this critical approach to meeting the nation's energy demands.

Somewhat-Bullish (0.213)

CEG: Somewhat-Bullish (0.304)

Relevancia 0.750

gasworld•7/12/2026

EU approves Baker Hughes acquisition of Chart Industries

The European Commission has approved Baker Hughes' $13.6bn acquisition of Chart Industries, which had raised concerns about reducing competition in the global market for liquefied natural gas equipment. To address these concerns, both firms committed to selling Chart's proprietary process technology and small-scale process technology business, and ensuring interoperability of their equipment with third-party LNG equipment. The deal is now cleared to officially close this month, subject to full compliance and the Commission's approval of the proposed buyers for the divested assets.

Somewhat-Bullish (0.197)

mergers and acquisitions

CEG: Neutral (0.124)

Relevancia 0.594

TechStock²•7/11/2026

Constellation Energy Stock Up 5%, Tuesday Seen as Test

Constellation Energy's stock rose 5.1% last week, mirroring gains in peer stocks Vistra Corp. and Talen Energy, suggesting a broad sector bounce rather than a specific revaluation of Constellation. The company's performance will face a crucial test on Tuesday with the release of PJM capacity-auction numbers. Constellation is also selling 4.4 GW of PJM plants and closed a deal for noteholders to swap unregistered notes, while investors are closely watching PJM auction results, CPI data, and overall market sentiment.

Somewhat-Bullish (0.209)

CEG: Somewhat-Bullish (0.269)

Quiver Quantitative•7/9/2026

TradingKey•7/11/2026

CEG|Constellation Energy Corp|Price:251.380|Chg%:+0.640

This article provides a detailed financial overview and analysis of Constellation Energy Corp (CEG). It highlights the company's strong fundamentals, high growth potential, and current "Buy" rating from analysts with an upside target. The report also includes key financial figures, market trends, and recent news related to the company.

Somewhat-Bullish (0.344)

UBS AG (AMUB) launches trigger-autocallable notes linked to Constellation Energy

UBS AG is launching Trigger Autocallable Contingent Yield Notes linked to Constellation Energy Corporation's common stock. These notes offer potential for periodic contingent coupons but carry principal at risk, being automatically called early if the underlying stock reaches its initial level or repaying less than principal at maturity if the stock falls below a downside threshold. Payments are subject to UBS's creditworthiness, and investors face significant risks including potential loss of initial investment and absence of guaranteed coupons.

Lobbying Update: $40,000 of CONSTELLATION ENERGY GENERATION LLC ( FKA CONSTELLATION ENERGY CONSERVATION) lobbying was just disclosed

A recent Lobbying Disclosure Act filing for Q2 2026 shows that CONSTELLATION ENERGY GENERATION LLC (formerly CONSTELLATION ENERGY CONSERVATION) disclosed $40,000 in lobbying expenditures. This lobbying focused on "Energy Policy" and "Tax Policy, 2025 Reconciliation package." The article also details recent congressional stock trades involving CEG, institutional investor activity, and analyst price targets for the company.

The Globe and Mail•7/9/2026

Can Vistra's Long-Term PPAs Act as a Catalyst for Its Growth?

Vistra Corp. is well-positioned for growth due to increasing U.S. electricity demand driven by AI, data centers, and electrification, alongside its diversified power generation portfolio. The company's long-term power purchase agreements (PPAs) with major tech companies like Meta and Amazon Web Services provide stable, predictable revenue streams and reduce market volatility. Analyst estimates project significant earnings per share growth for Vistra in 2026 and 2027, with a strong return on equity, suggesting it is an attractive long-term investment.

Bullish (0.371)

CEG: Somewhat-Bullish (0.325)

Relevancia 0.646

TradingView•7/9/2026

Can Vistra's Long-Term PPAs Act as a Catalyst for Its Growth?

Vistra Corp (VST) is positioned for growth due to increasing U.S. electricity demand driven by AI and data centers, supported by its diversified power generation portfolio. A key catalyst is Vistra's long-term Power Purchase Agreements (PPAs) with companies like Meta and Amazon Web Services, which provide stable, recurring revenue and reduce market volatility. These strategic contracts and investments, alongside an integrated business model, are expected to drive sustained earnings and cash flow growth for the company.

Bullish (0.355)

CEG: Somewhat-Bullish (0.317)

Relevancia 0.731

Yahoo! Finance Canada•7/9/2026

Can Vistra's Long-Term PPAs Act as a Catalyst for Its Growth?

Vistra Corp. (VST) is well-positioned for growth due to increasing U.S. electricity demand driven by AI and hyperscale data centers, along with its diversified power generation portfolio. Long-term power purchase agreements (PPAs) with companies like Meta and Amazon Web Services provide stable, predictable revenue streams and reduce exposure to market volatility. These factors, combined with disciplined investments and a strong return on equity, make Vistra an attractive long-term investment.

New TVA rate structure coming for data centers, board member says

The Tennessee Valley Authority (TVA) is developing a new rate structure for data centers and reviewing existing facilities' power costs due to increased demand on the grid. TVA board member Randy Jones states new data centers must present detailed plans for power acquisition and payment, emphasizing that rate increases should not burden residential customers. This move comes amidst national scrutiny of data center energy consumption and significant economic development in the Valley.

Somewhat-Bullish (0.251)

CEG: Somewhat-Bullish (0.314)

Relevancia 0.625

Ad-hoc-news.de•7/9/2026

Quanta Services Inc balances energy transition demand with infrastructure execution

Quanta Services Inc, a major contractor for power, utility, and energy infrastructure projects, is navigating high demand stemming from electrification and the energy transition. The company's stock benefits from long-term grid investment trends, with its business closely tied to large regulated utilities and energy companies. Quanta Services focuses on designing, installing, repairing, and maintaining complex infrastructure for electric transmission, renewable power, pipeline networks, and telecommunications systems, while carefully managing project execution and margins.

Bullish (0.367)

CEG: Somewhat-Bullish (0.311)

Relevancia 0.613

MSN•7/9/2026

Constellation Energy Corporation (CEG) stock moves 1.16%: What you should know

This article reports on Constellation Energy Corporation (CEG) stock, noting a 1.16% movement. It does not provide further details or analysis on the reasons behind this change, but implies there is more information to be known about the stock's performance.

Yahoo Finance UK•7/8/2026

Constellation Energy Corporation (CEG) Gains As Market Dips: What You Should Know

Constellation Energy Corporation (CEG) closed up 2.01% at $244.52, outperforming the S&P 500's daily loss. Despite a recent monthly depreciation, analysts forecast strong earnings and revenue growth for CEG, with a projected EPS increase of 17.28% and revenue rise of 23.16% for the upcoming quarter. The stock currently holds a Zacks Rank of #3 (Hold) and trades at a premium compared to its industry, with a Forward P/E of 20.42 and a PEG ratio of 0.94.

Blue Ridge Public Radio•7/8/2026

The Tennessee Valley Authority's new draft energy plan moves the public utility even further away from renewables

The Tennessee Valley Authority's (TVA) new draft energy plan indicates a significant shift away from renewable energy sources, prioritizing nuclear, gas, and coal instead. This change is influenced by the Trump administration's policies, which have eliminated renewable incentives, reshuffled TVA leadership, and encouraged the extension of coal and gas-fired plant lifespans. Environmental organizations and analysts criticize this plan, arguing that it backtracks on the transition away from fossil fuels and could lead to higher customer rates due to the uneconomical nature of aging coal plants.

Somewhat-Bearish (-0.215)

CEG: Somewhat-Bearish (-0.317)

Relevancia 0.721

KPTV•7/8/2026

Portland approves new PGE plan to cut trees in Forest Park for power lines

Portland city officials have approved a new plan from Portland General Electric (PGE) to cut down nearly 400 trees in Forest Park for the installation of new power transmission lines. PGE asserts this project is essential to prevent potential power shortages and blackouts by 2030, framing it as the quickest and most cost-effective solution. Wildlife advocacy groups, however, contend that the plan will cause unacceptable damage to the Forest Park ecosystem, despite PGE's pledge to invest millions in wildlife protection efforts.

Neutral (-0.130)

CEG: Somewhat-Bearish (-0.202)

Relevancia 0.647

TradingView•7/8/2026

CEG Stock Trails Industry in the Past Year: Time to Buy, Hold or Sell?

Constellation Energy Corporation (CEG) shares have underperformed the industry over the past year due to concerns over an acquisition and transmission project delays. Despite this, the company is well-positioned for growth from increasing data center demand and its robust nuclear fleet. With strong fundamentals, improving earnings, and a favorable valuation, CEG is considered a wise holding for long-term investors.

Neutral (-0.054)

CEG: Neutral (-0.096)

Yahoo Finance•7/8/2026

CEG Stock Trails Industry in the Past Year: Time to Buy, Hold or Sell?

Constellation Energy Corporation's (CEG) shares have underperformed the industry in the past year, attributed to investor concerns over the Calpine acquisition and transmission bottlenecks. Despite the share price weakness, the company is well-positioned to benefit from increasing data center demand due to its reliable nuclear fleet and expansion into clean electricity, making it a potential long-term holding. The company shows strong ROE, lower debt usage than peers, and is trading at a discount, with improving earnings estimates.

Neutral (0.103)

CEG: Somewhat-Bullish (0.206)

Simply Wall Street•7/8/2026

Massachusetts Grid-Scale Batteries Might Change The Case For Investing In Eversource Energy (ES)

Eversource Energy, along with National Grid and Unitil, has secured contracts for three large-scale battery storage projects in Massachusetts, totaling over 1 GW of capacity expected by 2030. This initiative supports Massachusetts' goal for 5 GW of energy storage, positioning Eversource as a key player in clean energy infrastructure. The article examines how these new projects could impact Eversource's investment profile, focusing on its existing capital program, regulatory issues, and interest costs, while also considering how they fit into current earnings guidance and future growth.

Yahoo Finance UK•7/8/2026

Should Vanguard Mid-Cap Growth Index Fund ETF Shares (VOT) Be on Your Investing Radar?

The Vanguard Mid-Cap Growth Index Fund ETF Shares (VOT) is a passively managed ETF offering exposure to the Mid Cap Growth segment of the US equity market, with over $19.51 billion in assets. It boasts a low expense ratio of 0.05% and a Zacks ETF Rank of 2 (Buy), making it an attractive option for investors interested in mid-cap growth companies. The article details its sector exposure, top holdings, performance, and risk profile, while also mentioning alternative ETFs in the same category.

Somewhat-Bullish (0.205)

Simply Wall Street•7/7/2026

CEG: Neutral (0.137)

Relevancia 0.646

How Earnings Expectations and Solar Initiatives Shape Southern’s (SO) Evolving Long-Term Investment Narrative

Southern Company (SO) is being evaluated by investors based on upcoming July 30, 2026 earnings expectations and continued clean energy efforts, such as Georgia Power's CARES CIR solar program. While the solar program is relatively small, it highlights the potential for clean energy projects to support long-term demand despite concerns about dilution and cost inflation from the company's substantial capital plan. Southern's long-term outlook expects $35.3 billion in revenue and $6.3 billion in earnings by 2029, suggesting a fair value increase to $101.34, a 6% upside from its current price.

Data center electricity use has skyrocketed in Tennessee and beyond

Data center electricity demand in the Tennessee Valley region has increased dramatically, now consuming enough power for over 661,000 homes. A new report by ThinkTennessee highlights concerns that this surge in demand, if not properly managed, could strain grid reliability and lead to higher electricity costs for residential customers, even as commercial customers see their costs decrease. The report urges policymakers to establish clear rules for data center operations to mitigate potential risks to household energy costs.

Neutral (-0.130)

CEG: Somewhat-Bearish (-0.217)

Relevancia 0.632

The Globe and Mail•7/7/2026

VanEck Uranium ETF vs Vanguard Energy ETF: Is Nuclear the Better Buy Over Oil & Gas in 2026?

This article compares the VanEck Uranium and Nuclear ETF (NLR) and the Vanguard Energy ETF (VDE), evaluating which might be a better investment in 2026. While VDE has lower ownership costs and higher short-term returns, NLR offers greater long-term growth and exposure to the growing nuclear energy sector. The author suggests NLR is the better long-term choice for energy investors due to its performance over 3, 5, and 10-year periods.

Bullish (0.350)

CEG: Somewhat-Bullish (0.324)

Relevancia 0.639

Yahoo Finance Singapore•7/7/2026

Investors Heavily Search Constellation Energy Corporation (CEG): Here is What You Need to Know

Constellation Energy Corporation (CEG) is generating significant investor interest, with its stock movements and future prospects being closely watched. While CEG shares have seen a slight decline over the past month, the Zacks Alternative Energy - Other industry has shown gains. Analysts are revising earnings estimates upwards, with projected earnings per share of $2.24 for the current quarter, indicating a positive outlook for the company's financial health, despite a "Hold" rating from Zacks Rank.

Yahoo Finance Australia•7/7/2026

Investors Heavily Search Constellation Energy Corporation (CEG): Here is What You Need to Know

Constellation Energy Corporation (CEG) is generating significant investor interest, with its stock performance and future prospects under scrutiny. The article highlights the importance of earnings estimate revisions and revenue growth as key drivers for stock performance, noting that CEG holds a Zacks Rank #3 (Hold) due to recent consensus estimate changes. It also covers the company's recent earnings surprises and valuation, grading it C on the Zacks Value Style Score.

Somewhat-Bullish (0.183)

CEG: Somewhat-Bullish (0.224)

AD HOC NEWS•7/7/2026

Quanta Services focuses on energy and infrastructure demand as a long-term growth driver

Quanta Services Inc. is a leading infrastructure solutions provider in North America, specializing in critical energy and communication networks. The company is well-positioned to benefit from substantial investments in power grids, renewable energy, and essential infrastructure, driven by utility and energy sector demand. Quanta Services' business model includes both traditional electric infrastructure projects and advanced energy transition work, relying on a skilled workforce and integrated solutions for complex, large-scale operations.

Somewhat-Bullish (0.347)

CEG: Somewhat-Bullish (0.349)

Relevancia 0.608

Quartz•7/7/2026

Anthropic signed a 20-year lease for a former crypto miner's data center

Anthropic has signed a 20-year lease for a data center campus in Hawesville, Kentucky, operated by TeraWulf. This deal is projected to generate approximately $19 billion in contracted revenue and provides Anthropic with 401 MW of capacity for high-performance computing. TeraWulf also announced the sale of its stake in the Abernathy Joint Venture for around $530 million, intending to reinvest in directly owned data center projects, reflecting a shift towards AI infrastructure from its crypto mining origins.

Somewhat-Bullish (0.200)

technology

CEG: Neutral (0.114)

Relevancia 0.633

24/7 Wall St.•7/7/2026

3 Utility ETFs to Buy Now as AI Data Centers Trigger a 1970s-Scale Power Buildout

The proliferation of AI data centers is fueling an unprecedented demand for electricity, leading to a utility infrastructure buildout reminiscent of the 1970s. This article examines three utility ETFs—XLU, VPU, and FXU—offering investors different strategies to capitalize on this boom. XLU focuses on large-cap utilities with substantial balance sheets, VPU provides broader diversification across various utility sizes, and FXU employs a smart-beta approach with a factor tilt toward growth and value metrics.

Can AI-Driven Electricity Demand Fuel CEG's Long-Term Growth?

Constellation Energy Corporation (CEG) is positioned for long-term growth due to the escalating demand for clean electricity from AI-driven data centers. The company is securing large clean-energy supply contracts, including significant agreements with Walmart, Microsoft, and CyrusOne, and is expanding its generation capacity. CEG anticipates over 20% annual base earnings growth through 2029, supported by these contracts, nuclear energy tax credits, and increasing demand.

Somewhat-Bullish (0.339)

CEG: Bullish (0.473)

Yahoo Finance•7/6/2026

Jacobs Solutions (J) Selected for 288MW Palmer Wind Farm Project

Jacobs Solutions Inc. (J) has been selected by Tilt Renewables as the Owner's Engineer for the 288-megawatt Palmer Wind Farm in South Australia. The project, featuring 407.2MW wind turbine generators, is expected to begin construction in 2026 and be completed in 2028. Additionally, Jacobs was chosen by the Orange County Transportation Authority for construction management services on two major highway improvement projects in California.

Neutral (-0.068)

CEG: Neutral (0.049)

Relevancia 0.589

Insider Monkey•7/6/2026

Citi Keeps Neutral Rating on Constellation Energy (CEG)

Citi has reiterated its Neutral rating on Constellation Energy (CEG) but lowered its price target to $297 from $348, following an update to its model after a PJM meeting. This comes after Constellation's successful license renewal applications for two nuclear reactors in New York, extending their operations to 2049, driven by the state's renewed Zero Emissions Credit program.

Neutral (0.048)

CEG: Somewhat-Bearish (-0.184)

Somewhat-Bearish (-0.233)

Yahoo Finance•7/6/2026

Citi Keeps Neutral Rating on Constellation Energy (CEG)

Citi has reiterated a Neutral rating on Constellation Energy (CEG) while lowering its price target to $297 from $348 following an update to its model after the PJM meeting. The company recently filed for license renewals for two New York nuclear reactors, extending operations to 2049, a decision supported by the state's renewed Zero Emissions Credit program. Constellation Energy is recognized for its role in providing zero-emission power and its significant economic contributions to New York.

Constellation Energy Corporation (CEG) down 14.3% since last earnings report: Can it rebound?

This article evaluates the stock performance of Constellation Energy Corporation (CEG) following a 14.3% decline since its last earnings report. It speculates on the possibility of a rebound for the energy company.

CEG: Somewhat-Bearish (-0.214)

Somewhat-Bearish (-0.201)

Stocktwits•7/6/2026

CEG Stock Takes A Hit After Citi's Price-Target Cut — But Retail Is Already Diving In To Buy The Dip

Shares of Constellation Energy Corp. (CEG) dropped almost 5% after Citi lowered its price target by nearly 15% due to updated models following a PJM meeting. PJM warned of potential electricity reliability risks from surging demand, prompting the Trump administration to declare a power emergency. Despite the price dip, retail investors are reportedly buying the stock, with sentiment on Stocktwits shifting from bearish to bullish.

CEG: Somewhat-Bearish (-0.225)

Yahoo Finance•7/6/2026

Constellation Energy (CEG) Applies for License Renewals for 2 Plants

Constellation Energy (CEG) has submitted applications to the NRC for license renewals for its Nine-Mile Point Unit 1 and Ginna Clean Energy Center in New York. This initiative will extend the operational lifespan of these plants through mid-century, supporting New York's Zero Emissions Credit (ZEC) program and providing significant economic and environmental benefits to the state. The company lauded the Governor and Public Service Commission for recognizing the importance of New York's upstate nuclear fleet in providing clean energy and sustaining local jobs.

Somewhat-Bullish (0.285)

CEG: Bullish (0.417)

FXStreet•7/5/2026

Constellation Energy Stock analysis: Is CEG a strong AI data centre power demand trade idea?

This article analyzes Constellation Energy (CEG) as a potential trade idea driven by AI data center power demand. It highlights Constellation's strategic position as the largest nuclear operator in the US, crucial for supplying reliable, clean electricity to power-intensive AI data centers. While the long-term fundamentals and existing contracts with tech giants like Microsoft and Meta support the thesis, the article notes that sentiment has cooled, the stock's valuation isn't cheap, and technicals currently show weakness, suggesting it's a strong thematic play but not a short-term momentum trade.

Somewhat-Bullish (0.305)

CEG: Somewhat-Bullish (0.315)

www.marketscreener.com•7/5/2026

Consumers Energy : Mobilizes Additional Crews to Assist with Ongoing Holiday Weekend Storm Restoration

Consumers Energy has mobilized over 400 crews, including 100 new additions, to restore power to customers impacted by a pre-July 4 storm that brought 80 mph winds and caused widespread destruction. The company is prioritizing heavily affected areas and aims to restore power to most customers by the end of the holiday weekend. They emphasize safety tips for downed lines and generator use and encourage customers to check their outage map for updates.

Neutral (0.038)

CEG: Neutral (-0.102)

Relevancia 0.597

TechStock²•7/4/2026

Constellation Energy (NASDAQ:CEG) drops as June buyback, Calpine lock-up eyed

Constellation Energy (NASDAQ:CEG) stock dropped 9.4% in a shortened week, trading 14.2% below its June buyback price of $279 per share, coinciding with the expiration of a Calpine lock-up for half of related shares. Despite the decline, the company announced significant generation in the pipeline and maintained its 2026 adjusted operating earnings outlook. Analysts, including Wells Fargo and Morgan Stanley, maintain high price targets, with an average target 53% above the current share price.

Bearish (-0.430)

CEG: Bearish (-0.441)

Finviz•7/4/2026

SMOG - VanEck Low Carbon Energy ETF Options

The article provides a detailed overview of the VanEck Low Carbon Energy ETF (SMOG), including its last close price, percentage change, and various financial metrics. It highlights key data such as dividend information, expense ratios, asset type, and performance returns over different periods. The fund's AUM, volatility, and sector-specific tags like "carbon-low" and "renewable-energy" are also presented.

Somewhat-Bullish (0.331)

The Globe and Mail•7/4/2026

CEG: Bullish (0.421)

Relevancia 0.607

Wells Fargo Sticks to Its Buy Rating for Constellation Energy Corporation (CEG)

Wells Fargo analyst Shahriar Pourreza has reiterated a Buy rating for Constellation Energy Corporation (CEG), setting a price target of $516.00 after the company's shares closed at $239.25. Pourreza, known for his focus on the Utilities sector, has an 8.5% average return and a 69.13% success rate on recommended stocks. This comes as Constellation Energy reported strong quarterly revenues of $11.12 billion and a net profit of $1.6 billion, significantly up from the previous year.

The Globe and Mail•7/4/2026

Wells Fargo Sticks to Its Buy Rating for Constellation Energy Corporation (CEG)

Wells Fargo analyst Shahriar Pourreza has reiterated a Buy rating for Constellation Energy Corporation (CEG) and set a price target of $516.00. This comes as similar support from Morgan Stanley, while Citi holds a Neutral rating. The company reported strong quarterly revenues and net profits for the quarter ending March 31.

Somewhat-Bullish (0.267)

CEG: Somewhat-Bullish (0.348)