Jefferies reiterated its Hold rating on USEC USU. At the same time, Jefferies lowered its price target on the company's stock from $5.25 to $3.75.
In a research report published today, Jefferies states, "With decisions on the DOE loan guaranty and the long-term plan for Paducah
likely this summer, we are revisiting the risk/reward for USEC shares.To better
reflect the risk of an inconclusive outcome this summer, we are lowering our
12-month target $1.50 to $3.75."
On Tuesday, USEC finished the day at $3.48.
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