Mirion initiated with an Equal Weight at Morgan Stanley

Morgan Stanley initiated coverage of Mirion (MIR) with an Equal Weight rating and $29 price target While Mirion will benefit from additional global nuclear power generation capacity driven by data centers and utilization of new technologies, the Street is “well-calibrated for this optimism” and “positive revisions will be hard to come by” when also factoring the stock’s “premium valuation,” the analyst tells investors.