Roth Capital raised the firm’s price target on Centrus Energy (LEU) to $125 from $117 and keeps a Neutral rating on the shares. The $900M award from the DOE to expand its HALEU production capabilities allows Centrus to be well-positioned to move forward with capacity expansions, the analyst tells investors in a research note.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade LEUPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LEU:
- Centrus Energy price target raised to $325 from $300 at Northland
- Trump Trade: Trump hinted at major changes in Venezuela to oil execs
- DOE awards $2.7B to strengthen domestic uranium enrichment services
- Centrus Energy price target raised to $340 from $285 at BofA
- Centrus Energy: Government-Backed Nuclear Fuel Pure Play Positioned to Lead U.S. Nuclear Renaissance