Raymond James RaisesTarget on STM

BART JAWORSKI, Raymond James (02/11/2011)
"We are maintaining our Market Perform rating on Strathmore Minerals and increasing our target to $1.20 (from $1.10). Our increased target reflects our higher assumed $/lb. valuation for STM's resource base (US$2./lb. from US$0.50/lb.) versus developer peers currently trading at US$4.25/lb."

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