H.C. Wainwright lowered the firm’s price target on Westwater Resources (WWR) to $1.75 from $2 and keeps a Buy rating on the shares following the strategic update for Phase I of the company’s Kellyton Graphite Plant. The firm cites dilution for the target drop.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WWR:
- Westwater Resources options imply 16.0% move in share price post-earnings
- Westwater Resources Faces Offtake Agreement Termination
- Westwater Resources updates permitting process for Coosa Graphite Deposit
- Westwater Resources Registers $75M Stock Offering
- Westwater Resources awarded U.S. patent for graphite purification methods