X-Energy (XE) climbed +5.41% to $21.25 today after TD Cowen reiterated its Buy rating and selected the company as a "2026 Best Smidcap Idea" with a $35 price target. - The analyst firm believes XE's recent downturn following its Q1 earnings report was exaggerated and reassured investors that the Amazon power agreement submission postponement will not adversely impact the overall project timeline. - The stock is rebounding amidst a broader market decline, with the S&P 500 down 0.89% and the Nasdaq down 1.35%.