Roth MKM Maintains Buy on Ur-Energy, Lowers Price Target to $2.4
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Joe Reagor has maintained a Buy rating on Ur-Energy (AMEX:URG) but has lowered the price target from $2.5 to $2.4.
January 31, 2024 | 4:32 pm
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Roth MKM analyst Joe Reagor maintains a Buy rating on Ur-Energy but reduces the price target from $2.5 to $2.4.
The reduction in price target by Roth MKM could have a mixed impact on Ur-Energy's stock price. While the Buy rating reaffirms the analyst's positive outlook on the company, the lowered price target might signal a tempered expectation for the stock's performance. Investors may perceive the price target cut as a negative signal, potentially leading to short-term price volatility. However, the continued Buy rating suggests that the overall sentiment remains positive, which could mitigate any negative reaction.
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IMPORTANCE 75
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