Zacks Investment Research upgraded shares of USEC INC (USU) from UNDERPERFORM to NEUTRAL on October 02, 2012, with a target price of $0.70.
USEC Inc., a global energy company, is a world leader in the production and sale of uranium fuel enrichment services for commercial nuclear power plants. Uranium enrichment is a critical step in transforming natural uranium into fuel for nuclear reactors to produce electricity. Generally, the Company's contracts with its customers are ""requirements"" contracts pursuant to which the customer is obligated to purchase a specified percentage of its enriched uranium requirements from the Company.
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