🟢 XE is trading 5.9% up today after Cantor Fitzgerald initiates with 'Overweight' rating

XE is trading 5.9% up today at $28.35 after Cantor Fitzgerald initiated coverage with an 'Overweight' rating and a $38.00 price target.

• The rating follows a string of recent bullish initiations from other firms, including Guggenheim and TD Cowen.
• Analysts cite the company's contracted pipeline of approximately 11.5 GW, its Xe-100 reactor technology, and key customer relationships with companies like Dow and Amazon.
• The move extends a rebound from the previous session, which also saw positive analyst coverage initiate.