Cadre price target raised to $43 from $41 at Lake Street

Lake Street raised the firm’s price target on Cadre (CDRE) to $43 from $41 and keeps a Buy rating on the shares after the company hosted an investor day, which gave the firm “more confidence in a large and growing nuclear segment.” Cadre used the investor day to highlight the newly organized Nuclear Group, notes the analyst, who likes the long runway for growth in the segment with cleanup efforts and the high growth opportunities in energy production to fuel the AI boom.