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BWXT’s Nuclear Future Is Here | Durham News
JPMorgan just slapped an “overweight” rating on BWX Technologies with a $230 price target, betting the market’s ignoring its true value: a nuclear titan with deep government ties and a trifecta of tailwinds. With NRC Category 1 licenses and 70+ years building reactor cores for the Navy — over 420 delivered — BWXT rides a steady defense revenue stream. But the real growth? Small modular reactors, AI-driven data centers, and a massive backlog are fueling JPMorgan’s forecast for 10-year demand. Last quarter’s earnings beat and raised guidance confirm momentum, even if SMR scaling remains…
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