Goldman Sachs raised the firm’s price target on Uranium Energy (UEC) to $18 from $16 and keeps a Buy rating on the shares. The February Global Reactor Tracker highlights recent developments across North America, Europe, and Asia, while also noting the strong start-of-year rally in uranium spot prices and providing mark-to-market pricing forecasts ahead of Q4 earnings, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UEC:
- Uranium Energy management to meet with Roth Capital
- Uranium Energy participates in a conference call with JPMorgan
- Strategic Positioning and Financial Maneuvers Justify Buy Rating for Uranium Energy Corp
- Uranium Energy Corp. Earnings Call Highlights Strategic Growth
- Uranium Energy Files Quarterly Report, Highlights Advancements