Mirion price target raised to $29 from $22 at B. Riley

B. Riley raised the firm’s price target on Mirion (MIR) to $29 from $22 and keeps a Buy rating on the shares. The company provided an “encouraging” Q3 update on large orders, the analyst tells investors in a research note. The U.S. government’s $80B of financial support for deploying new Westinghouse nuclear reactors should provide the “initial boost needed to jump-start” new builds of U.S. nuclear reactors and benefit nuclear suppliers, such as Mirion, the analyst tells investors in a research note.