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BWX Technologies, Inc. was upgraded by StockNews.com from a “hold” to a “buy” rating. This is based on the company’s strong earnings results, which exceeded analysts’ estimates. The company’s stock has received a consensus rating of “Moderate Buy” and has a target price of $80.38. BWX Technologies, Inc. has also seen increased interest from institutional investors and hedge funds, with several of them acquiring stakes in the company. The company manufactures and sells nuclear components and operates through Government Operations and Commercial Operations segments.

In addition to the rating upgrade, BWX Technologies, Inc. recently released its earnings results, reporting $0.67 earnings per share for the quarter. The company’s revenue also experienced a significant increase compared to the previous year. The stock currently has a “Moderate Buy” rating among analysts, but other top-rated analysts are recommending different stocks to their clients.

Overall, BWX Technologies, Inc. has received positive attention from investment analysts and has seen strong institutional interest. The company’s strong earnings results and growing revenue have contributed to the positive outlook for the stock.



Read more: BWX Technologies (NYSE:BWXT) Raised to Buy at StockNews.com