B. Riley Securities Maintains Buy on Ur-Energy, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Ur-Energy (AMEX:URG) but has lowered the price target from $3 to $2.
August 20, 2024 | 1:25 pm
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B. Riley Securities has maintained a Buy rating on Ur-Energy but reduced the price target from $3 to $2, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Ur-Energy's potential, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company performance. This could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100