Nuclear fuel company BWX Technologies is "the nuclear pick [for] yesterday, today and tomorrow," according to Bank of America.
Analyst Ronald Epstein reiterated his buy rating on the stock while increasing his price target to $160 from $115.
BWX's primary business is providing U.S. submarines and carriers with naval nuclear reactors, nuclear fuel and other components.
Although the market for SMRs is still in the beginning phases, BWX is still a key supplier in the market, per Epstein.
Of the 11 covering BWX Technologies, eight rate it as buy or strong buy, LSEG data shows.
Persons:
Ronald Epstein, Epstein
Organizations:
BWX Technologies, Bank of America, US Navy, Department of Defense's