Ur-Energy price target raised to $2.50 from $2.20 at Roth MKM

Roth MKM analyst Joe Reagor raised the firm’s price target on Ur-Energy to $2.50 from $2.20 and keeps a Buy rating on the shares. The firm is adjusting its model to reflect its expectations of kigher uranium price forecasts for 2024 and 2025. Roth MKM adds that it sees the uranium sector with strong tailwinds in the coming quarters.