TD Cowen Remains a Buy on Uranium Energy (UEC)
TD Cowen analyst Craig Hutchison maintained a Buy rating on Uranium Energy today and set a price target of $17.00.
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Hutchison covers the Basic Materials sector, focusing on stocks such as Trilogy Metals, Taseko Mines, and Ivanhoe Mines. According to TipRanks, Hutchison has an average return of 27.2% and a 60.24% success rate on recommended stocks.
In addition to TD Cowen, Uranium Energy also received a Buy from H.C. Wainwright’s Heiko Ihle in a report issued yesterday. However, on the same day, TR | OpenAI – 4o reiterated a Hold rating on Uranium Energy (NYSE MKT: UEC).
Based on Uranium Energy’s latest earnings release for the quarter ending October 31, the company reported a quarterly GAAP net loss of $11.01 million. In comparison, last year the company earned a revenue of $17.09 million and had a GAAP net loss of $20.16 million
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