Centrus Energy price target lowered to $55 from $62 at Roth MKM

Roth MKM lowered the firm’s price target on Centrus Energy to $55 from $62 and keeps a Buy rating on the shares. The company’s Q2 results were above expectations, but this was driven by the timing of deliveries, the analyst tells investors in a research note. The firm adds however that the weak year-to-date margins impacted its updated valuation of Centrus Energy.