Centrus Energy initiated with an Outperform at Evercore ISI

Evercore ISI analyst Nicholas Amicucci initiated coverage of Centrus Energy (LEU) with an Outperform rating and $145 price target Centrus is a provider of nuclear fuel components and services, pioneering the domestic production of High Assay Low-Enriched Uranium, or HALEU, which is a necessary fuel component used to power next generation nuclear reactors, the analyst tells investors. The firm, which sees Centrus providing exposure to a more value-additive phase within the nuclear fuel cycle, views the stock as “a MUST OWN for any investor seeking nuclear exposure.”