USEC Inc.

Jefferies & Company has lowered the price target on USEC (NYSE: USU) from $5.25 to $3.75 and maintains its Hold rating.

Jefferies has reiterated its Hold rating on shares of USEC Inc. (NYSE: USU) and is lowering its 2011E EPS. “Q4 EPS of $0.05 is $0.05 above consensus,” Jefferies writes. “USEC is forecasting a net loss in 2011 on lower revenues due to the transition of its cold shutdown contract, higher production...

Jefferies & Co. has published a research report on USEC Inc. (NYSE: USU) after the company reported 3Q earnings that exceeded estimates by $0.03. In the report, Jefferies writes "We expect quarterly results to be overshadowed by structural issues: 1) update on the ACP process: if USEC's DOE...