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Seeking Alpha reported last week Morgan Stanley Research team upgraded their expectations for the uranium price outlook.
Seeking Alpha reported last week Morgan Stanley Research team upgraded their expectations for the uranium price outlook.
As quoted in the market news:
Just like many other sell-side research publications, MS believes that uranium supply will struggle with the growing demand unless the uranium price improves and new supply projects come online. Morgan Stanley is not alone in their conclusion. A great number of other analysts, producers and industry enthusiasts have felt the same way for a while now. Yet, uranium prices are still on the decline and uranium equities stubbornly continue to underperform.