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TSE:XLY 28 July 2026

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  • BWX Technologies Falls 3.4% Even as JPMorgan Starts With Overweight and Sets $230 Target
    July 28, 2026, 1:51 PM EDT. Shares of BWX Technologies (NYSE:BWXT) declined 3.4% to $170.53 after JPMorgan began coverage with an Overweight rating and a $230 price target. Forecasts show second-quarter revenue advancing 18.3% to $903.77M, while EPS is seen growing 2% to $1.04. Analyst projections indicate 23% EPS growth in H2, with accelerated earnings improvement expected in late 2026. Backlog climbed 77% to $8.65B, underpinned by robust government contracts.