Centrus Energy price target raised to $300 from $275 at Northland

Northland analyst Jeff Grampp raised the firm’s price target on Centrus Energy (LEU) to $300 from $275 and keeps an Outperform rating on the shares. Q3 was “fairly uneventful” for Centrus, with no meaningful updates on its domestic enrichment project, though there were reports government funding announcements were coming in September. The firm thinks announcements could come shortly after the government shutdown ends, the analyst noted.