NexGen Energy is trading 5.44% up now at €8.56 after JPMorgan initiated coverage with an Overweight rating and a $14 price target.

  • The target implies roughly 50% upside from September 18’s close.
  • JPMorgan highlighted the Rook I uranium project and potential production scale.
  • Broader risk-on sentiment, including stronger equity markets and renewed nuclear-fuel interest, is providing additional support.