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Centrus Energy price target raised to $61 from $58 at Roth MKM

Centrus Energy price target raised to $61 from $58 at Roth MKM

Roth MKM raised the firm’s price target on Centrus Energy (LEU) to $61 from $58 and keeps a Neutral rating on the shares following the Q4 report. The results were above expectations due to a large sale of unenriched uranium, and the company noted Tenex has been given three specific licenses to make deliveries, the analyst tells investors in a research note. Roth cites the stronger than anticipated financial results in Q4 for the target increase.

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