Pritchard Capital Downgrades EnergySolutions (ES) to Neutral; Valuation Call

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Pritchard Capital downgraded EnergySolutions (NYSE: ES) from Buy to Neutral. PT $7.

Pritchard analyst says, "We are lowering our rating to Neutral due to recent strength of the share price, downward pressure on government funding, and potential investor disappointment in the early years of the Zion project."

For more ratings news on EnergySolutions click here and for the rating history of EnergySolutions click here.

Shares of EnergySolutions closed at $6.82 yesterday, with a 52 week range of $4.35-$7.75.

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