Nuclear fuel capacity funding
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Centrus Energy price target raised to $340 from $285 at BofA
Yahoo Finance· 2026-01-07 13:25
Core Viewpoint - BofA has raised the price target for Centrus Energy (LEU) to $340 from $285 while maintaining a Neutral rating after the company received a $900 million award from the Department of Energy for nuclear fuel capacity funding [1] Group 1: Funding and Awards - Centrus Energy was awarded $900 million by the Department of Energy for the construction of new high-assay low enriched uranium capacity in the U.S. [1] - The funding amount for Centrus is less than the $1.7 billion that BofA had previously assumed in its model [1] - Analysts believe that additional funding from U.S. government agencies for Centrus in the future "should not be entirely ruled out" [1]