BWX Technologies price target lowered to $136 from $140 at Maxim

Maxim lowered the firm’s price target on BWX Technologies (BWXT) to $136 from $140 and keeps a Buy rating on the shares. The firm is reducing its EBITDA estimates due to higher raw material costs in commercial operations, the analyst tells investors in a research note. The company also expects margins in the commercial operations business segment to be at the lower end of the 2025 guidance range, the firm adds.