Northland raised the firm’s price target on Mirion (MIR) to $29 from $26 and keeps an Outperform rating on the shares after the company announced the acquisition of Paragon Energy Solutions. The deal is accretive and it increases Mirion’s revenue exposure to nuclear power to 45% from 37%, notes the analyst, who likes the agreement.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MIR:
- Mirion price target raised to $26 from $23 at Baird
- Mirion rises 10.6%
- Trump threatens new tariffs on drugs, kitchen cabinets, trucks: Morning Buzz
- Mirion 17.3M share Secondary priced at $21.35
- Buy Rating for Mirion Technologies: Strong Market Position and Growth Potential Driven by Strategic Acquisitions and Innovation