Dahlman Rose Reaffirms Uranerz Energy Buy, $5 PT

Dahlman Rose reaffirmed its Uranerz Energy URZ Buy rating and $5 price target in a research report published today. In the report, Dahlman Rose states, "Uranerz announced that the US Nuclear Regulatory Commission (NRC) issued the Materials License for the Nichols Ranch in-situ recovery (ISR) Project, located in the Central Powder River Basin of Wyoming. This marks the final authorization required to commence construction." Shares of Uranerz were trading at $3.35 at the time of posting, up 11.67% from Tuesday's market close.