Roth Capital upgraded Energy Fuels (UUUU) to Neutral from Sell with a price target of $15.50, up from $13. The firm believes the company’s near-term catalysts and investor sentiment are likely to “lean positive.” While Energy Fuels’ valuation is “stretched,” strong market sentiment and a rising uranium spot price are likely to offset any near-term value correction, the analyst tells investors in a research note.
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