Wedbush Initiates Coverage of Terrestrial Energy Inc. with Neutral Rating
Wedbush has initiated coverage on Terrestrial Energy Inc. with a Neutral rating and a price target of $4 per share.
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Roth Capital Initiates Coverage On Terrestrial Energy with Buy Rating, Announces Price Target of $15
Roth Capital analyst Craig Irwin initiates coverage on Terrestrial Energy (NASDAQ:IMSR) with a Buy rating and announces Price Target of $15.
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Lucid Capital Markets Initiates Coverage On Terrestrial Energy with Buy Rating, Announces Price Target of $10
Lake Street Initiates Coverage on Terrestrial Energy with Buy Rating
Analyst Robert Brown of Lake Street has initiated coverage on Terrestrial Energy (IMSR) with a buy rating and a price target of $15.
Shares of uranium and nuclear-related companies are trading lower as hotter-than-expected inflation data fuels a rise in Treasury yields and expectations for interest rates to remain elevated. Elevated borrowing costs could increase financing expenses for capital-intensive nuclear projects, potentially delaying development timelines and weighing on investor sentiment toward the sector.