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Top broker says Boss Energy shares have 29% upside

Top broker says Boss Energy shares have 29% upside


Published on 2024-12-05 18:31:10 - MSN
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  • Nuclear energy continues to be an emerging theme for investors. The post Top broker says Boss Energy shares have 29% upside appeared first on The Motley Fool Australia.

The article from MSN discusses a recent analysis by top broker Bell Potter on Boss Energy (ASX: BOE), a uranium company. Bell Potter has set a new price target for Boss Energy at $6.15, suggesting a potential 29% increase from its current trading price. This optimistic outlook is based on the company's promising developments, including the successful ramp-up of its Honeymoon uranium project in South Australia, which is expected to start production soon. The broker's confidence is also fueled by the rising global demand for uranium, driven by a renewed interest in nuclear energy as a clean energy source. Additionally, Boss Energy's strategic positioning in the uranium market, with potential for further exploration and development, underpins the positive forecast.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/top-broker-says-boss-energy-shares-have-29-upside/ar-AA1viuXe ]
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