Stifel initiated coverage of Uranium Energy (UEC) with a Buy rating and $10.50 price target as the firm rolled out coverage on four uranium companies. With the largest production capacity in the United States, the firm views Uranium as set to capitalize on the growing need for domestically sourced uranium and as well positioned to execute on production growth from its U.S. portfolio while offering “sector-leading trading liquidity,” the analyst tells investors.
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