🔴 X-Energy is trading 4.1% down today after Piper Sandler issued a $9 price target

X-Energy is trading at $16.55 (-4.08%) after Piper Sandler initiated coverage with an Underweight/Sell rating and a $9 price target.

• The decline on September 10, 2026, extends the previous session’s 9.87% drop.
• Broader markets are lower after hotter producer inflation increased interest-rate concerns, while geopolitical tensions lifted oil prices, likely adding pressure to rate-sensitive nuclear and technology segments.