Roth Capital raised the firm’s price target on Centrus Energy (LEU) to $69 from $61 and keeps a Neutral rating on the shares. Q1 results were above expectations due to the shift of some shipments from Q4 into Q1 and better than anticipated margins, the analyst noted. In addition, the company said that other than the Q4 delays, Tenex shipments have been arriving on time, the analyst added.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LEU:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue