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Centrus Energy initiated with a Buy at Stifel

Stifel initiated coverage of Centrus Energy (LEU) with a Buy rating and $220 price target The firm believes Centrus is “uniquely positioned” to play a major role rebuilding the nuclear enrichment supply chain as the only publicly traded pure play. Stifel believes Centrus has the footprint, technology, and track record to source low-enriched uranium for today’s existing reactors and build out new enrichment.

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