CIBC raised the firm’s price target on Cameco (CCJ) to $95 from $80 and keeps an Outperformer rating on the shares after the company announced it is expecting an increase of $170M in its 49% equity share of Q2 and annual Westinghouse adjusted EBITDA. Through2026 to 2028, the firm increased its expected compound annual growth rate for Westinghouse’s adjusted EBITDA from 7% to 9%.
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Read More on CCJ:
- Cameco price target raised to C$96 from C$88 at Raymond James
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