BWX Technologies initiated with a Buy at Seaport Research

Seaport Research initiated coverage of BWX Technologies (BWXT) with a Buy rating and $145 price target The company’s government division has a monopoly on U.S. Navy nuclear reactors and the fuel that drives them, the analyst tells investors in a research note. Further, the firm believes the growth potential in company’s commercial division, in both power applications and medical radioisotopes, “shows it is not a one-trick pony.”