This X-Energy Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Morgan Stanley analyst Tim Hsiao initiated coverage on Pony AI Inc – ADR (NASDAQ:PONY) with an Overweight rating and announced a price target of $10. Pony AI closed at $4.62 on Monday. See how other analysts view this stock.
• Wedbush analyst Seth Basham initiated coverage on X-Energy Inc (NASDAQ:XE) with an Outperform rating and announced a price target of $17. X-Energy shares closed at $10.37 on Monday. See how other analysts view this stock.
• Stifel analyst Alex Thompson initiated coverage on TRex Bio, Inc. (NASDAQ:TRXB) with a Buy rating and announced a price target of $39. Trex Bio closed at $13.64 on Monday. See how other analysts view this stock.
• Wedbush analyst Seth Basham initiated coverage on NuScale Power Corporation (NYSE:SMR) with an Underperform rating and announced a price target of $5. NuScale Power shares closed at $5.35 on Monday. See how other analysts view this stock.
• JP Morgan analyst Brian Cheng initiated coverage on TRex Bio, Inc. (NASDAQ:TRXB) with an Overweight rating and announced a price target of $20. Trex Bio closed at $13.64 on Monday. See how other analysts view this stock.

Considering buying XE stock? Here’s what analysts think:

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