Centrus Energy up after BofA initiates coverage
ReutersJun 4, 2025 4:49 PM
Shares of nuclear fuel supplier Centrus Energy LEU.A up 4% at $135.66
BofA Global Research initiates coverage of LEU with a "buy" rating and PT of $160
BofA says it is bullish on the outlook for nuclear fuel demand globally and sees U.S. market well supported from strong demand and government funding, with LEU strategically positioned to benefit
LEU also benefits from significant barriers to entry as one of only two licensed producers of enriched uranium in U.S. and the only one licensed for national security applications - brokerage
Up to last close, LEU has risen 97.3% YTD
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