Centrus Energy price target lowered to $58 from $62 at Roth MKM

Roth MKM analyst Joe Reagor lowered the firm’s price target on Centrus Energy (LEU) to $58 from $62 and keeps a Neutral rating on the shares. The company’s Q3 results were below expectations mainly due to lower than anticipated margins, but while margins can fluctuate quarter to quarter and year to year for Centrus, Roth MKM is concerned about an overall downward trend, the analyst tells investors in a research note.