X-Energy earns buy rating as Texas Capital targets $22 for reactor producer

Texas Capital initiated coverage of X-Energy, Inc. (XE) on Monday. The firm issued a buy rating for the small modular reactor producer.

Analysts set a price target of $22 per share. This target represents significant potential upside from recent trading levels.

The initiation signals positive sentiment regarding the company's prospects. This coverage provides the market with a new valuation perspective for the stock.