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Fly News Breaks for July 7, 2015
UEC
Jul 7, 2015 | 12:15 EDT
H.C. Wainwright noted that M&A activity is "heating up" in the uranium space and believes that a buying opportunity has been created in shares of Uranium Energy following "unfounded" allegations made against it in a short-seller report published in mid-June. The firm added that its recent site visit illustrated the company's growth and expansion potential and reiterated its Buy rating and $4.20 price target on the stock.
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