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BWX Technologies downgraded to Neutral at Seaport Research on valuation

Seaport Research analyst Jeff Campbell downgraded BWX Technologies (BWXT) to Neutral from Buy without a price target The firm cites valuation as the basis for its downgrade. BWX will gain “unique” insight into a developer’s third-party large-scale project needs that it has not experienced by being part of the Bulgarian OE team, the analyst tells investors in a research note.

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