RBC Capital downgraded Boss Energy (BQSSF) to Underperform from Sector Perform with a A$1.15 price target The downgrade follows the announcement of a punitive legacy uranium contract that will “strip A$77M from revenues” as well as “mounting uncertainty” over the production and earnings outlook beyond FY26. RBC sees material risk that “production beyond the Honeymoon domain becomes uneconomical.”
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