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UEC - Uranium Energy Stock Has 53% Upside According to 1 Wall Street Analyst
Uranium Energy Corp.
2024-03-13 03:48:00 ET
Unlike the S&P 500 , which has raced 9% higher since the start of the year, Uranium Energy (NYSEMKT: UEC) has risen modestly -- about 4%.
But one analyst believes that the uranium mining company's stock will power considerably higher. Heiko Ihle, an analyst at H.C. Wainright, raised the price target on Uranium Energy's stock Tuesday to $10.25 from $9.75. With shares of Uranium Energy closing at $6.71 that day, Ihle's price target implies upside of 53%.