Northland raised the firm’s price target on EnCore Energy (EU) to $3.75 from $3.50 and keeps an Outperform rating on the shares. The firm increased its uranium price deck from $100/lb in 2030 to $110/lb given recent strong pricing.
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Read More on EU:
- EnCore Energy price target lowered to $3.75 from $4 at H.C. Wainwright
- Manhattan Uranium Ready to Glow by Powering U.S. Nuclear Renaissance
- EnCore Energy names Richard Little as CEO, replacing Robert Willette
- enCore Energy Announces CEO Change and Leadership Reshuffle
- Market Volatility in Equity Securities Puts enCore Energy’s Earnings and Liquidity at Risk
