Roth MKM raised the firm’s price target on Uranium Energy (UEC) to $10.25 from $9.75 and keeps a Buy rating on the shares. The firm is adjusting its model to reflect actual uranium price performance during Q3, though it has also lowered its calendar Q4 forecast from $100 per pound to $85 per pound. For calendar 2025 however, Roth has increased its uranium price forecast from $95 to $97.50 per pound and for calendar 2026, it has increased its uranium price forecast from $80 to $100 per pound, the analyst tells investors in a research note.
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