Market News / Story
Standard Nuclear started with Buy rating at Needham on early operating advantage
Seeking Alpha ·
Seeking Alpha reports: Standard Nuclear jumped 10.8% in Tuesday's trading as Needham initiated coverage with a Buy rating and $18 price target, pointing to the company's early operating and customer-acquisition advantage as the only merchant TRISO fuel fabricator currently making commercial shipments. Needham analyst Sean Milligan said his bullish thesis centers on Standard Nuclear replicating its modular production platform at SN-TN and SN-ID, converting a rapidly expanding commercial…