Stifel analyst Madison Tapscott raised the firm’s price target on Cameco (CCJ) to C$105 from C$90 and keeps a Buy rating on the shares after the company announced an expected $170M increase to its 49% equity share of Westinghouse Electric Company’s Q2 adjusted EBITDA, driven by WEC participation in the construction of two nuclear reactors at the Dukovany power plant in the Czech Republic.
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- Cameco price target raised to $70 from $52 at Bernstein
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