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Centrus Energy initiated with a Neutral at UBS

UBS initiated coverage of Centrus Energy (LEU) with a Neutral rating and $215 price target Centrus Energy is well-positioned to capitalize on several trends, including policy tailwinds for the nuclear industry, a focus on domestic supply chains, and significant electricity load growth, the analyst tells investors in a research note. The firm views U.S. nuclear as an attractive long-term opportunity, but with progress to be uneven given the long-dated nature of the nuclear infrastructure build.

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