Mirion Technologies surge on JPMorgan coverage and DOE funding prospects
Summary
Mirion Technologies rose after JPMorgan started coverage with an Overweight rating and a $28 price target. The move also reflected reports that the US Department of Energy may announce $900 million to support domestic uranium enrichment. The article highlights Mirion’s recurring revenue base, backlog, and software-and-services mix as key strengths. It also notes the company’s recent acquisition of Paragon Energy Solutions and several equity and debt financings used to support that deal.
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