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BWX Technologies price target raised to $235 from $225 at BTIG

BTIG raised the firm’s price target on BWX Technologies (BWXT) to $235 from $225 and keeps a Buy rating on the shares. Commercial nuclear power book-to-bill was over 2-times in Q4, driven by CANDU aftermarket services, a new long-term fuel contract, and SMR component manufacturing contracts, the analyst tells investors in a research note.

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